Aussie housing valuations descend from peak

Tuesday 19 June 2018

The ABS yesterday released its property price data for the March quarter, which valued Australia’s dwelling stock owned by households at $6.57 trillion, whereas the total housing stock was valued at a record $6.91 trillion.

As shown below, the total value of Australia’s dwelling stock owned by households was 7.66 times employee incomes as at March 2018, down slightly from the peak of 7.80 times incomes in the June quarter, whereas the total housing stock was valued at 8.06 times employee incomes, down from 8.21 times incomes in the June quarter:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

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.