March 9, 2012
In a world-first, RP Data and Rismark recently commenced publishing a ‘daily’ home value index that they suggest reflects the current state of the housing market.
BY MICHAEL YARDNEY
The new daily index launched in conjunction with the ASX allows institutions, property investors and buyers to track and eventually trade the daily changes in capital city house and unit prices.
March 2, 2012
If like many property investors you’re asking has the property market bottomed – you’re asking the wrong question!
BY MICHAEL YARDNEY
Over the last week I’ve had a number of questions from the media and even more from clients asking me what’s going on in property and how much further will property values fall. I guess this is because the latest figures came out showing that median house prices are flat in some parts of Australia and still falling in others. So I thought I’d give you my take on it and I’m sure not everyone will agree with me. That’s okay because I love sparking debate and getting people thinking about what I’m saying.
February 24, 2012
2012 has already started out as a year of economic confusion and consternation. We all know the strength of our property markets is underpinned by Australia’s economic prosperity and of course this is closely intertwined with China’s growth. However, with the economies of many countries faltering, stories of a property bubble in China and of China’s growth slowing, some are concerned that stumbles in China’s economy could stunt Australia’s economic growth.
BY MICHAEL YARDNEY
So let’s look at what’s really happening in China and what’s ahead. And more importantly what this may mean to your wealth and mine.
February 17, 2012
If our economists are armed with all the research available in today’s information age, why can’t they agree on where our property markets are heading? In fact a better question would be – why do so many get it wrong?
BY MICHAEL YARDNEY
The simple answer is that market movements are far from an exact science. It’s more than just fundamentals that move markets.
The fundamentals are easy to monitor. Things like population growth, supply and demand, employment levels, interest rates, affordability and inflationary pressures.
However one overriding factor that the experts have difficulty quantifying is investor sentiment.
February 10, 2012
Probably the biggest property myth of 2011 was the claim that Australia was in a ‘property bubble’ that was about to burst.
BY MICHAEL YARDNEY
It was only a few years ago when doomsday economist Steve Keen predicted Australian house prices would plummet. Awkwardly for him, average house prices went up 40 per cent, rather than down.
February 3, 2012
It looks like the Australian housing market will be a ‘tug-of-war’ this year with low interest rates pulling hard on one end of the rope and economic uncertainty joining forces with subdued prospects for economic, income and employment growth at the other.
BY MICHAEL YARDNEY
I expect the economic side of the equation to win out in the near term, influenced in the first half of 2012 at least by continuing global financial turbulence. This is likely to cause the Reserve Bank of Australia to drop interest rates once or twice in the first half of the year and this should underpin our property markets.
January 27, 2012
If our economists are armed with all the research available in today’s information age, why can’t they agree on where are our property markets are heading? In fact a better question would be – why do so many get it wrong?
BY MICHAEL YARDNEY
The simple answer is that market movements are far from an exact science.
The fundamentals are easy to monitor. Things like population growth, supply and demand, employment levels, interest rates, affordability and inflationary pressures. However one overriding factor that the experts have difficulty quantifying is investor sentiment.
January 20, 2012
Why are some property investors able to grow significant wealth while others who have the same information, the same opportunities and the same resources are just not able to make a success of their investments?
BY MICHAEL YARDNEY
Here’s why… while certain knowledge, techniques and strategies are critical in becoming a successful property investor, it’s just as – if not more – important to have the right mindset.
January 13, 2012
I’ve heard it said that investing in property i s
simple, but it’s not easy.
BY MICHAEL YARDNEY
Now this is not a play on words.
Let’s face it… each year hundreds of thousands of Australians turn to property investment as a way of developing financial freedom, getting more choices in their life or building a retirement nest egg. But very few achieve their goals.
January 6, 2012
I predict that this is going to be a boom year!
BY MICHAEL YARDNEY
But before you start wondering what I’m ‘on’ to make a comment like that, let me explain… I believe this is going to be a boom year for fright!
There’s no shortage of scary stuff in the media, with headlines such as ‘House prices are unaffordable!’, ‘Property prices will crash’, ‘Which economy will topple next?’ and ‘Britney Spears does it again!’
