RPData market update

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RPData‘s Australian housing market update for November ( looking at September data ) came out late this week. I recommend watching the entire video, but if you are pressed for time or are only interested in one market then Sydney is @4:10, Melbourne is @ 5:32, Brisbane is @6:50, Adelaide is @8:50 ,Perth is @ 9:58, Darwin is @ 11:18, Canberra is @12:12, Hobart is @13:20.

There isn’t much new information in the video over what I have already covered from RPData this month ( here and here ), but as you usual the video is very informative and well worth watching. A couple of charts in the video did catch my eye. Firstly the decline from peak chart which shows that Hobart and Brisbane are still in the lead, however you will notice that Melbourne is playing catch up.

The other chart of interest is the ‘stock on market’ which backs up the national trend we saw from SQM research this week.

Enjoy the rest of your weekend!