Weekend market summary week ending 2013 September 29.pdf

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  • 7/27/2019 Weekend market summary week ending 2013 September 29.pdf

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    Sep 09 Mar 10 Sep 10 Mar 11 Sep 11 Mar 12 Sep 12 Mar 13 Sep 13

    Region Index value

    Month on month

    change

    Month on month

    change (seas adj)

    National 333.1 1.0% 3.9%

    NSW 406.5 -0.4% 5.0%

    QLD 261.5 1.0% 3.4%

    SA 311.7 5.8% 2.7%

    TAS 143.0 11.1% 0.4%

    VIC 328.2 4.5% 8.6%

    WA 412.9 -4.3% -2.3%

    0

    20

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    120

    140

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    180

    Sep 09 Mar 10 Sep 10 Mar 11 Sep 11 Mar 12 Sep 12 Mar 13 Sep 13

    RP Data Mortgage Index RP Data Mortgage Index (trend)

    Region Index value

    Month on month

    change

    Month on month

    change (trend)

    National 116.6 6.2% 1.9%

    NSW 145.0 8.0% 3.7%

    QLD 118.6 6.7% 4.2%

    SA 82.9 4.4% 2.4%

    TAS 82.7 7.8% 1.0%

    VIC 115.9 5.7% -1.0%

    WA 108.4 9.7% 0.9%

    -4.7

    %

    -6.2

    %

    -6.0

    %

    -6.0

    %

    -4.7

    %

    -7.7

    %

    -2.9

    %

    -3.3

    %

    -3.6

    %

    -5.7

    %

    -7.2

    %

    -7.2

    %

    -4.9

    %

    -6.7

    %

    -4.1

    %

    -3.1

    %

    -9%

    -8%

    -7%

    -6%

    -5%

    -4%

    -3%

    -2%

    -1%

    0%

    Sydney Melbourne Brisbane Adelaide Perth Hobart Darwin Canberra

    Houses Units

    29days 3

    9days

    68days

    68days

    59days

    67days

    75days

    36days

    27days

    46days

    66days 7

    8days

    60days

    88days

    90days

    54days

    days

    10 days

    20 days

    30 days

    40 days

    50 days

    60 days

    70 days

    80 days

    90 days

    100 days

    Sydney Melbourne Brisbane Adelaide Perth Hobart Darwin Canberra

    Houses Units

    Capital cityAvg

    TOM

    Avg Vendor

    Disc.

    Avg

    TOM

    Avg Vendor

    Disc.

    Sydney 29 days -4.7% 27 days -3.6%

    Melbourne 39 days -6.2% 46 days -5.7%

    Brisbane 68 days -6.0% 66 days -7.2%

    Adelaide 68 days -6.0% 78 days -7.2%

    Perth 59 days -4.7% 60 days -4.9%

    Hobart 67 days -7.7% 88 days -6.7%

    Darwin 75 days -2.9% 90 days -4.1%

    Canberra 36 days -3.3% 54 days -3.1%

    HOUSES UNITS

    2

    Time on market Vendor discountingCapital city average time on market and

    vendor discounting results

    Time on market (TOM) is simply the average number of days between when a property is first listed for sale and the contract date. The rate of vendor

    discounting is the average percentage difference between the original listing price and the final selling price. The statistics are calculated across resultsreceived by RP Data over the past week and include properties transacted over the past four weeks. The data is based on private treaty sales only and

    records without a valid sale price have been excluded from the vendor discount analysis. The analysis also excludes results where there are less than 10

    observations.

    RP Data Weekend Market SummaryAll data to week ending 29 September 2013

    Mortgage market activity RP Data Mortgage Index - RMI

    RP Data systems monitor more than 100,000 mortgage activity events every month across our 4 main finance industry platforms. Monitoring the activity

    events across this platform provides a unique and timely lead indicator to housing finance commitments. The index shows an 81% correlation with the ABS

    housing finance data series (88% using the seasonally adjusted series). Based on the strong correlation and significant number of events beingmonitored, the Mortgage Index provides the most timely and holistic measure of mortgage market activity available.

    New listings activity RP Data Listings Index - RLI

    The RP Data Listings Index provides a lead indicator for the number of residential dwellings that are being prepared for sale across the Australian housing

    market. RP Data customers account for over 70% of all listings in the Australian property market. The index, which tracks the flow of metadata acrossRP Datas real estate data platform, shows a 75% correlation with the number of new listings about to enter the market.