By Scott Picken on Friday, October 9, 2009
Australia’s property market has avoided a major slump but must now see a rise in supply to avoid a surge in prices, one of the country’s most senior economists has said.
Head of economic analysis department at the Reserve Bank of Australia Tony Richards noted: “Over the past five years, housing prices have risen less rapidly [...]
By Scott Picken on Friday, October 9, 2009
The value of residential development land in the UK has risen for the second quarter in a row but prices are still almost 50% below their peak of 2007, according to the latest research.
Urban land values rose by 1.1% and greenfield sites by 1.6% over the three months to the end of September, the Knight [...]
By Scott Picken on Wednesday, September 9, 2009
According to the Australian Bureau of statistics, the average growth accross the top 8 Australian cities is 4.2% for the last quarter.
ESTABLISHED HOUSE PRICES
Quarterly Changes
Preliminary estimates show the price index for established houses for the weighted average of the eight capital cities increased 4.2% in
the June quarter 2009.
There were price rises in all capital cities [...]
By Scott Picken on Wednesday, September 9, 2009
JULY 2009
FTHPI NEWS RELEASE 9:30 FRIDAY 7TH AUGUST 2009
England and Wales house price trends from Acadametrics
• House prices in July rose by 0.1%
The average price of all property transactions completed in England & Wales in July 2009 was 0.1% higher than in June. This is the second month in succession that we have seen positive [...]
By Scott Picken on Wednesday, September 9, 2009
Lets do something completely different this month! I would like to discuss information and the metamorphic changes which are happening to it.
Emails in my opinion are virtually a thing of the past for information as we get hundreds of day. So is advertising – we get 3000 different messages a day. [...]
By Scott Picken on Sunday, August 16, 2009
Dear Investor
“The right information at the right time is nine tenths of any battle.” Napoleon
We are always trying to give you the latest information, but we have decided to do it totally differently! Tomorrow night at 7pm, I, Scott Picken, will be interviewing Richard Dunn, Senior Executive at Oz Invest, in a live event and [...]
By Scott Picken on Sunday, August 9, 2009
Watch the video on the latest Market Update – Click here
2009 continues to be a unbelievable year. Only yesterday Mark Mobius, top banker in the USA said the market could loose 30% on the highs of the last 3 months of the stock market and this is amongst all the positive news which has been [...]
By Scott Picken on Wednesday, July 15, 2009
I keep an extensive blog which keeps people up to date with the latest trends in the UK. Today I uploaded articles from Nationwide with all the property indices for June and also the Rental Indices.
Go to www.ipsinvest.blogspot.com for all the information.
Here are two extracts:
Property Prices:
House price rises continued in June
House prices rose by 0.9% [...]
By Scott Picken on Monday, July 13, 2009
Australian Property Investor Magazine
Posted on Tuesday, July 07 2009 at 9:00 AM
Property professionals and investors believe Australia is approaching the next upswing in its property cycle, according to a survey conducted by Colliers International.
Most investors believe property is somewhere between four o’clock and six o’clock on the property clock. Six o’clock is considered to be [...]
By Scott Picken on Friday, July 10, 2009
Scott Picken, CEO of IPS shares some valuable insights into the UK market.
“If you want to know what is happening in the UK property market, the Financial Times Property Index is the best way understand the trends. There are many indices, but the Financial Times Index is the only one which takes all property in [...]
