Core Logic vs ABS data - Terraces, Semis and Apartments

Discussion in 'Property Information Resources & Tools' started by Gockie, 2nd May, 2017.

Join Australia's most dynamic and respected property investment community
  1. Gockie

    Gockie Life is good ☺️ Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    14,737
    Location:
    Sydney
    This is in a newsletter today that was attributed to Craig James, Chief Economist, Commsec

    "The CoreLogic Hedonic Australian Home Value Index is based on Australia’s biggest property database. Unlike the ABS Index, which excludes terraces, semi-detached homes and apartments, the CoreLogic Hedonic Index includes all properties. Home prices are an important driver of wealth and spending."
     
  2. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    27,095
    Location:
    Sydney or NSW or Australia
    That's why you need to understand the stats that you're using as the exclusions are just as important as the inclusions.
     
  3. Cimbom

    Cimbom Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    1,568
    Location:
    Back in Canberra!
  4. Gockie

    Gockie Life is good ☺️ Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    14,737
    Location:
    Sydney