Aussie housing valuations smash all records

Sunday 18 December 2016

The ABS on Thursday released its National Accounts: Finance & Wealth data for the September quarter, which valued Australia’s dwelling stock owned by households at a record $5.84 trillion dollars.

As shown below, the total value of Australia’s dwelling stock was an all-time high 7.2 times incomes as at September 2016, up from 7.0 times incomes a year prior:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.