1. WHAT ARE SALES VOLUMES? Sales Volumes are simply the volume of property sales within a suburb.

2. WHY ARE SALES VOLUMES IMPORTANT? Typically the Sales Volume trend precedes the SuburbWatch Index trend so the sales volume trend can indicate the likely trend of the SuburbWatch Index. If the Sales Volume for a suburb are: Trending DOWN, then this indicates a 'softening' in demand generally for property/ies in the suburb. Trending UP, then this indicates a 'strengthening' in demand generally for property/ies in the suburb. N.B. Sometimes sales volume trends will be volatile in the short term, so a change in the trend may not always absolutely indicate that a softening or strengthening will apply. For example if sales volumes are trending down, this may not indicate a softening in demand, but may in fact be attributable to a lack of supply (i.e. perhaps there are very few properties for sale at the time). SuburbWatch's Technical Analysis includes a scoring system to determine our Buy, Buy-Hold, Hold, Sell-Hold or Sell signals. (Our scoring system methodology is our very own 'secret recipe' but based on tried and true technical analysis methodology used by share traders for decades. Our analysis includes consideration of the trends of our 3 main datasets, the SuburbWatch Index, Sales volumes and Yields)

This tutorial analysis should be read in light of the other edutorials also available for you uniquely at www.SuburbWatch.co.nz