Thanks to ASXIQ and MB for the idea. The following chart compares the ASX 200 to the Liv-Ex Fine Wine 100 index (both priced in GBP) for the period from January 2002 to November 2011.
* Updated chart now prices the ASX 200 in GBP, so that we get a like-for-like comparison. The Liv-Ex mob are London based and their indexes would be priced in GBP. I had incorrectly assumed USD on the earlier version of the chart.
Friday, 30 December 2011
There are currently 25% more properties listed For Sale than this time last year, and more properties For Rent also. December and January always see a reduction in the number of properties listed, as locals head to the beach. Typically the number of For Sale listings bottoms in late January, while For Rent listings usually bottom in March.