The National Property Research Co.
We are a Brisbane based company that undertakes work across Australia but we have a particular expertise in the Queensland property market.
We provide property market insights that are based on independent research and local market knowledge established through a wide network of property market contacts.
As a result, our clients receive the most up to date information and advice to ensure they make the most informed business decisions.
The National Property Research Company is a business based on wearing out boot leather, car tyres and plane seats.
We believe that in order to really know what is happening in the property market you have to get out there and see what is actually happening. The best research is that which is conducted at the frontline.
This is our speciality and we pride ourselves on it.
The sale of New Motor Vehicles is often a good measure of where the economy is at and what businesses and individuals are thinking in terms of reasonable sized investments. Recent data suggests that things are going sideways in broad terms, however the stand out has been the ACT, the only State to record an increase over the previous month in both Trend (0.9%) and Seasonally Adjusted (1 .6%) data. When consideration is given to the same period last year, the big loser was Tasmania having fallen by 1 1 .6% on trend and 1 2.1% on seasonally adjusted data.
The news keeps getting better on the interest rate front, however for all of the wrong reasons. We recently noted that Australian building approvals had come off, only marginally in housing by 0.3%, however private sector accommodation excluding housing had declined by a very significant 14.0% in seasonally adjusted terms.
Whilst the Reserve Bank has noted that residential prices have seen significant growth, a word that should be starting to announce what frame of mind they’re in, there would be genuine concern around the decline in dwelling finance approvals. This is a part of the economy that the RBA would desperately like to see improve, however concern still arises out of higher unemployment rates.