The hidden Chinese pump driving up Australian house prices

Wednesday, 13 September 2017

With the release on Monday of the ABS’ landing finance data for July, 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’ lending finance data is current to July 2017, whereas CoreLogic’s dwelling values are current to August 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.