In this episode, Terry & Drew discuss the information that is used when creating the popular Hotspotting reports - specifically the Price Predictor Report.
These Australian real estate reports are quite unique in that the whole focus is not on what's happening with prices, it’s on what's happening with sales volumes. The reason for this is because Terry believes that sales activities are a much better indicator of where markets are heading than price statistics are.
The index analyses sales in every Australian suburb or town. It finds the growth patterns - the places that will soon show price growth. It also finds markets that are going backwards – the ones to avoid.
All this is analysed and presented in a report that covers the key markets in every state and territory.
We also present the best performers in easy-to-read short features:
the Five Star Growth Suburbs the National Top 50 suburbs the National Top 10 municipalities with multiple growth markets the Nation’s 50 Most Consistent Markets the Dirty Dozen, the National Bottom 12 markets to avoid. In this episode Why median price changes are a weak indicator How sales activity is actually a predictor of where prices are going to go Understand what data and reports are used Some investors value safety over boomtown growth. Links for this show
The Hotspotting Price Predictor Index Report
Website – www.hotspotting.com.au
Facebook - https://www.facebook.com/hotspotting/
Facebook - https://www.facebook.com/OtiumGroup/