Economic Rigor

Based on my weighted index (more weight put on the quantity of houses and apartments sold), my Sydney based index is up 0.53% in November, which is an annual price rise of 6%. So Sydney House and Apartment prices are still going up at a pretty healthy clip.

Nothing doing on the House Prices. Pretty flat. Stats as per usual. Will do a new post with the monthly total House Type Sample Average Min Max Change Average 2 Bedroom House 769      1,149,235.65           1,119,712.73    1,178,758.56 0.14% 3 Bedroom House 2924      1,252,414.78           1,234,276.16    1,270,553.39 0.01% 4 Bedroom House 2358      1,470,701.42           1,443,949.97    1,497,452.87 0.01% Unit Type Average Min Max 2 Bedroom Unit 1988          834,547.93              8...

Stats as per usual House Type Sample Average Min Max Change Average 2 Bedroom House 738      1,147,608.03           1,117,262.34    1,177,953.73 0.19% 3 Bedroom House 2840      1,252,280.39           1,233,962.27    1,270,598.51 -0.11% 4 Bedroom House 2262      1,470,608.29           1,443,060.39    1,498,156.19 -0.01% Unit Type Average Min Max 2 Bedroom Unit 1930          835,186.42              821,323.99        849,048.84 0.17% 3 Bedroom ...

Did my weighted Average growth of House Prices from 1st of August to 31st October Stats are House Prices are up by 1.2%, a healthy 4.8% annually. So there has been a slow down in growth from the crazy ranges, but still growing.

Increases across the board. Still no sign of a lull in the market House Type Sample Average Min Max Change Average 2 Bedroom House 711      1,145,465.35           1,115,015.47    1,175,915.22 0.29% 3 Bedroom House 2758      1,253,721.83           1,235,058.45    1,272,385.21 0.15% 4 Bedroom House 2194      1,470,803.99           1,442,810.38    1,498,797.60 0.05% Unit Type Average Min Max 2 Bedroom Unit 1873          833,747.19              819,607.98      ...

Saw "Spectre" last night. Great Movie! Real throwback to the early bonds. Love a good backstory and a villain from Bond's past. I was wondering how it would rank amongst the rest of the bonds, according to IMDB. Well so far, it's at No 6. Movie                                              IMDB Casino Royale 8 Goldfinger 7.8 Skyfall 7.8 From Russia with love 7.5 DrNo 7.3 Spectre 7.3 GoldenEye 7.2 The Spy Who Loved Me   7.1 Thunderball 7 You Only live twice 6.9 On Her Majesty's Secret Service   6.8 Live and Let Die   6.8 The Man with the Golden Gun 6.8 For Your Eyes Only 6.8 Diamonds Are Forever ...

House Prices keep roaring up. Clearance rates are down, but I think that might just mean people Passing In rather than dropping prices. Stats as per usual. House Type Sample Average Min Max Change Average 2 Bedroom House 681      1,142,097.88           1,111,558.23    1,172,637.53 0.29% 3 Bedroom House 2669      1,251,833.76           1,232,969.75    1,270,697.77 0.14% 4 Bedroom House 2109      1,470,002.35           1,441,375.32    1,498,629.37 0.35% Unit Type Average Min Max 2 Bedroom Unit 1801          831,640.97     ...

 Back on the rise with the house prices. Stats as per usual. House Type Sample Average Min Max Change Average 2 Bedroom House 647      1,138,851.12           1,107,371.35    1,170,330.89 -0.24% 3 Bedroom House 2567      1,250,094.39           1,230,752.26    1,269,436.53 0.27% 4 Bedroom House 1999      1,464,907.63           1,435,600.58    1,494,214.68 0.11% Unit Type Average Min Max 2 Bedroom Unit 1737          829,459.92              814,814.71      ...