The Perth housing market appears to have moved through its decline phase. Values have increased over each of the past 3 months to be 0.3% higher over the quarter. This is the strongest period of growth over a three-month period since June 2014. It isn’t only value data which indicates improving housing market conditions in…
The total seasonally adjusted value of housing finance increased by +0.6 per cent to $32.5 billion in October 2017, led by a modest +1.6 per cent increase in investment loans. Industry data and polled economists had predicted a weak or very weak month for housing loans in October, but it appears that they failed reckon with…
One minute read I want to get three things off my chest. I think they are important. They are relevant, given recent and pending events. These three things are growth, debt and illiquidity. Bear with me, this will only take a minute. 1. Growth We are hooked on growth; fixated by it. All last week…
How many foreign buyers are there in Australia? And how important is their influence on proeprty prices? That is the question discussed in a recent ANZ Research economic insight. Here’s what the ANZ bak had to say: We are often asked about the rules around foreign investment and the impact that such investors have on the Australian housing market….