Real Estate was in the news today in the Courier Mail (Saturday 30/11/2013) with comments and quotes from industry related businesses and agents.

The variety of information and commentary makes it easy to understand why average buyers and sellers are confused.

Page 44 – A realistic price is key to success

Five Queensland regions have made the national top 10 for best buyer’s markets (Gold Coast, Sunshine Coast, Wide Bay-Burnett, West Moreton and the South West region).

The latest Commonwealth Bank-RP Data Home Buyers Index (HBI) for the September quarter shows conditions for the quarter in Queensland favoured the buyers with Ipswich and Redcliffe listed as extreme buyer’s markets.

RP Data Research Analyst Cameron Kusher says that the Brisbane market is being dragged down by the areas away from the city centre and the lower priced housing stock across the city, but says the prospects are generally improving.

Commonwealth Bank home loans general manager Clive van Horen said that in a strong buyers’ market sellers need to set their price realistically and have realistic expectations.

Page 45 – House hunters willing to break the ceiling to secure their dream home research shows 52% of Queenslanders (number surveyed isn’t mentioned) believe that property prices will continue to increase in the next six months. general manager of sales and operations Arthur Charlaftis said now was a good time to sell.

Page 45 – Rookie Buyers return to market

First Home Buyers (FHB appear to be re-entering the market with FHBs trending higher across Queensland (RP Data). Between January and March there were 668 grants paid jumping to 1290 in the third quarter. RP Data Research Analyst Cameron Kusher said FHBs had trended higher across Queensland.

The logic in the rest of the article is interesting to say the least and seems to be centred around conjecture rather than fact.