Do foreign buyers explain the disconnect between house prices and finance?

Wednesday, 16 August 2017

With the release on Friday of the ABS’ housing finance data for June, it is an opportune time to once again plot CoreLogic’s dwelling price series against the total value of finance commitments (excluding refinancings) as measured by the ABS.

Note: the ABS’ housing finance data is current to June 2017, whereas CoreLogic’s dwelling values are current to July 2017.

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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.