Monday, 30 January 2012

Queensland Is Number 1!!

In October I asked Is Queensland Going Under? which had a fair bit of data that indicated that things were getting nasty in QLD Real Estate.

I ask again "Is Queensland going under?"

The population of NSW is over 7.2 million; Victoria around 5.6 million; and Queensland 4.6 million.

So why has Queensland got more houses for sale than the more populous southern states? Why is that number increasing (graph courtesy of RP data)?

81,199 listings for sale compared to 68,646 last year and 76,968 in NSW.

Rats and ships?

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