Kanebridge News
Kanebridge News
    HOUSE MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $1,496,381 (+0.68%)       Melbourne $978,207 (+0.60%)       Brisbane $779,793 (+0.64%)       Adelaide $682,247 (+0.96%)       Perth $613,912 (+0.31%)       Hobart $736,079 (-0.00%)       Darwin $642,822 (+1.61%)       Canberra $920,574 (+4.00%)       National $951,820 (+1.13%)                UNIT MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $697,209 (+0.16%)       Melbourne $468,754 (+0.31%)       Brisbane $389,725 (+0.30%)       Adelaide $325,323 (-0.66%)       Perth $336,531 (-0.97%)       Hobart $531,129 (-0.92%)       Darwin $376,953 (-3.06%)       Canberra $436,630 (-5.78%)       National $474,397 (-0.94%)                HOUSES FOR SALE AND WEEKLY CHANGE     Sydney 8,684 (-136)       Melbourne 12,340 (-329)       Brisbane 8,053 (-66)       Adelaide 2,662 (-64)       Perth 9,827 (+192)       Hobart 538 (-3)       Darwin 239 (+15)       Canberra 642 (-28)       National 42,942 (-419)                    UNITS FOR SALE AND WEEKLY CHANGE     Sydney 8,390 (-13)       Melbourne 8,079 (-58)       Brisbane 2,281 (+59)       Adelaide 672 (-1)       Perth 2,561 (-26)       Hobart 97 (+4)       Darwin 382 (-2)       Canberra 437 (-10)       National 22,960 (-47)                    HOUSE MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $600 ($0)       Melbourne $460 (+$10)       Brisbane $450 ($0)       Adelaide $493 (-$10)       Perth $495 ($0)       Hobart $520 (-$20)       Darwin $645 ($0)       Canberra $700 ($0)       National $559 (-$2)                    UNIT MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $500 ($0)       Melbourne $400 (+$5)       Brisbane $450 ($0)       Adelaide $395 (+$5)       Perth $430 (-$5)       Hobart $450 (-$5)       Darwin $500 ($0)       Canberra $550 (-$10)       National $462 (-$2)                    HOUSES FOR RENT AND WEEKLY CHANGE     Sydney 5,199 (-146)       Melbourne 7,536 (-178)       Brisbane 1,914 (-21)       Adelaide 831 (-3)       Perth 1,913 (-29)       Hobart 188 (-8)       Darwin 52 (+3)       Canberra 369 (+26)       National 17,910 (-356)                    UNITS FOR RENT AND WEEKLY CHANGE     Sydney 10,531 (-286)       Melbourne 9,331 (-347)       Brisbane 1,679 (-61)       Adelaide 353 (-4)       Perth 1,023 (+11)       Hobart 90 (+9)       Darwin 150 (-7)       Canberra 349 (+5)       National 23,660 (-680)                    HOUSE ANNUAL GROSS YIELDS AND TREND       Sydney 2.06% (↑)        Melbourne 2.45% (↓)     Brisbane 3.01% (↑)      Adelaide 3.66% (↑)      Perth 4.22% (↑)      Hobart 3.71% (↑)      Darwin 5.29% (↑)      Canberra 3.73% (↑)      National 3.05% (↑)             UNIT ANNUAL GROSS YIELDS AND TREND       Sydney 3.73% (↑)        Melbourne 4.34% (↓)     Brisbane 5.92% (↑)        Adelaide 6.18% (↓)     Perth 6.68% (↑)      Hobart 4.37% (↑)        Darwin 6.92% (↓)       Canberra 6.69% (↓)       National 5.07% (↓)            HOUSE RENTAL VACANCY RATES AND TREND       Sydney 1.5% (↑)      Melbourne 1.9% (↑)      Brisbane 0.7% (↑)      Adelaide 0.4% (↑)        Perth 1.0% (↓)       Hobart 0.8% (↓)     Darwin 0.9% (↑)      Canberra 0.5% (↑)      National 1.2% (↑)                 UNIT RENTAL VACANCY RATES AND TREND       Sydney 2.4% (↑)      Melbourne 3.2% (↑)      Brisbane 1.4% (↑)      Adelaide 0.6% (↑)        Perth 1.2% (↓)     Hobart 1.2% (↑)      Darwin 0.9% (↑)      Canberra 1.5% (↑)      National 2.3% (↑)                 AVERAGE DAYS TO SELL HOUSES AND TREND         Sydney 27.3 (↓)       Melbourne 27.8 (↓)       Brisbane 32.6 (↓)       Adelaide 26.0 (↓)     Perth 40.5 (↑)        Hobart 25.7 (↓)       Darwin 32.3 (↓)       Canberra 23.1 (↓)     National 29.4 (↑)             AVERAGE DAYS TO SELL UNITS AND TREND         Sydney 28.8 (↓)       Melbourne 29.3 (↓)       Brisbane 35.5 (↓)       Adelaide 29.0 (↓)       Perth 44.2 (↓)       Hobart 24.9 (↓)     Darwin 42.0 (↑)        Canberra 27.6 (↓)       National 32.7 (↓)           
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iPhone Has Never Been More Popular With Teens

And that’s good for Apple stock.

By Jack Denton
Thu, Apr 7, 2022Grey Clock 2 min

The popularity of Apple’s iPhone with teenagers is near record highs, according to research from Piper Sandler. And that’s good for Apple stock.

In its 2022 survey of teens, which covered more than 7,000 respondents, Piper Sandler found that 87% had an iPhone — only slightly below the 88% record set in spring 2021. Analysts at the investment bank said that this number could return to record highs because 87% also intend the iPhone to be their next smartphone purchase.

Apple (ticker: AAPL) shares were down 1.5% in Wednesday’s premarket trading, largely in line with futures tracking the S&P 500 and Nasdaq indexes.

“Overall, we view the survey results as a sign that Apple’s place as the dominant device brand among teens remains well intact,” a team at Piper Sandler led by Harsh V. Kumar said in a report Wednesday.

More than 23% of teens plan to upgrade to an iPhone 13 in the coming months, the data showed.

“The iPhone appears to be set up well, with iPhone 13 ownership off to a strong start,” the Piper Sandler analysts said. “iPhone ownership remains near all-time levels, with continued strong purchase intention moving forward.”

The data is a good sign for Apple stock — especially the sky-high purchase intentions for the iPhone. The company’s flagship product is a key driver of revenue at the tech giant, and, as Barron’s has reported, the company’s stock price practically lives and dies based on yearly iPhone sales.

Apple’s non-handset products are also doing well, according to the research, with more than 30% of teens surveyed owning an Apple Watch and 72% owning AirPods.

The Piper Sandler survey also revealed that TikTok has surpassed Snapchat for the first time as the favourite social media platform among teens, at 33% compared to 31% preference for Snapchat. Shares in parent company Snap (SNAP) were down more than 2% in premarket trading Wednesday.

E-commerce giant Amazon (AMZN) also remained top-of-mind among teens as a preferred website, according to the analysts; shares in Amazon were 1.5% lower.

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