LocationScore analysis is based on one of the fundamental laws of economics, the law of supply and demand. If demand outweighs supply, then prices will rise. But if supply outweighs demand, prices will fall.
There is not enough 'good pie' to go around, so people start to pay a premium for that delicious 'beachside' pie. Generally speaking in an economy there are many macro measures all designed to get a 'read' on the performance of the economy. The same can be said for property too, there are countless variables influencing demand and supply: from the arrival of new stock, local economic fluctuations, new infrastructure, interstate and overseas migration all needing somwhere to live etc. Through LocationScore's own research we have identified 8 indicators that when combined
show a strong relationship to price growth when the LocationScore is higher than average.