Monthly Archives: June 2013

Where is demand for higher than average residential property?

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Article by RP Data research director, Tim Lawless Over the year to March 2013 RP Data estimated that there were 400,209 house and unit sales nationally; 2.3% more sales than over the same period a year ago but 8.8% fewer sales than the five year average. Dwelling sales have been rising (at least in trend…Read More→

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June 2013 Statement by Glenn Stevens, Governor: Monetary Policy Decision

At its meeting on 4th June, the Board decided to leave the cash rate unchanged at 2.75 per cent. Information becoming available since the previous meeting is consistent with global growth running a bit below average this year, with reasonable prospects of a pick-up next year. Commodity prices have declined from their peaks but, overall,…Read More→

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87.3% of homes sell at a profit over the March quarter

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Article by RP Data research director, Tim Lawless RP Data’s latest ‘Pain and Gain’ Report for the March quarter of 2013 shows 12.7% of all March quarter re-sales transacted at a loss while the vast majority turned a profit. Over the first quarter of 2013 RP Data recorded 58,677 residential property re-sales nationally, of these…Read More→

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