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In this issue:

• Industry Market Wrap
• Suburbs that are taking the longest to sell
• Save time searching for tricky properties
• Aussie housing market vs US, UK and NZ
• Join RP Data's Social media community

How has the rate of decline in the Aussie housing market measured against the US, UK & NZ?

Based on CoreLogic’s House Price Index (HPI), it’s been 69 months since the US housing market peaked. Since the national index for ‘single family combined homes’ reached its high point back in April 2006, US home prices have fallen by 32.8%.

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Industry Market Wrap

Consumer Price Index numbers released by the Australian Bureau of Statistics (ABS) this week showed inflation was virtually flat over the December 2011 quarter with a seasonally adjusted increase of just 0.2%. The 0.2% increase in inflation takes the headline rate of annual inflation to 3.0%, right at the top of the RBA’s target range of 2% to 3%.

What suburb areas are taking the
longest to sell?

As home values have fallen across most parts of Australia over the past 12 months, the time it takes to sell a property has also increased. This week we take a look at those regions (based on local government areas nationally) in which the time on market has recorded the greatest increase over the year.

Tips & Tricks: Save time searching for those tricky property locations

Have you searched high and low for a particular property which you know exists but can’t locate it? From time to time the property you are trying to locate might not initially appear in your search results. There may be a number of reasons for this so let's explore some options.

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