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The "real" unemployment rate is down, but still much higher than you think
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The “real” unemployment rate is down, but still much higher than you think

One of the biggest drivers of our property markets is consumer confidence. And one of the important factors in consumer confidence is job stability.  While “official” unemployment rates seem low, Roy Morgan research suggests a total of 2.390 million Australians, 17.9% of the workforce, were either unemployed (1,253,000) or under-employed (1,137,000) – down 90,000 (down 0.9%)…

State by State Housing Market & Economic Update | Chart Pack March 2017
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State by State Housing Market & Economic Update | Chart Pack March 2017

After a head spinning 2016, our property markets started 2017 with a bunch of mixed predictions. Some called a property bubble, while others forecast lower, but continuing capital growth. Well…the scorecard is in for the first two months of the year have already surprised on the upside. CoreLogic recently released their monthly chart pack which gives…

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