Australian housing valuations smash records

Thursday 29 September 2016

The Reserve Bank of Australia (RBA) yesterday released its Australian National Accounts: Finance and Wealth data for the June quarter of 2016, which shows that Australian housing values have once again smashed records.

Australia’s housing stock owned by households hit a record high 712% of total employee income in the June quarter:

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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.