INCREASED ACCEPTANCE OF SMALLER LOTS HAS KEPT LAND PRICES FROM RISING EXCESSIVELY OVER THE PAST YEAR. With demand for vacant land increasing and stock levels declining, there has been upward pressure on prices over the past 12 months. But rather than the double digit gains that were experienced from 2003 to 2007, the growth in […]
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THE WEST AUSTRALIAN The culture of secrecy surrounding the Metropolitan Redevelopment Authority is to be upended under sweeping changes proposed by new MRALandCorp chairman George McCullagh. Mr McCullagh said the board of the merged entity wanted to “open the doors” to improve transparency for developers it worked with. The secrecy surrounding almost every element of […]
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IN THE PROPERTY MARKET MAKING SENSE OF STATISTICS IS VITAL BUT TAKEN IN ISOLATION, SOME STATISTICS CAN BE DOWNRIGHT CONFUSING. THERE ARE A FEW QUESTIONS TO ASK YOURSELF WHEN TRYING TO MAKE SENSE OF WHAT THE COMMENTATORS ARE SAYING. The first is the time period the data refers to; some data can be up to […]
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