Australian Property

Via Martin North: Digital Finance Analytics (DFA) has released the April 2019 mortgage stress and default analysis update.

Via the AIG: In my experience this PMI is a much better guide to residential than it is commercial ore engineering work.

By Leith van Onselen With Friday’s release of dwelling approvals data for the March quarter, it’s once again time to examine how Australia’s dwelling construction is tracking against population growth.

By Leith van Onselen Labor’s proposed negative gearing reforms could stop the proliferation of low quality high-rise shoe box apartments across Australia’s capital cities, according to Rod Fehring, the Australian chief executive of multinational developer Frasers Property.

CoreLogic has released its preliminary auction report, which reported a rebounding auction clearance rate, albeit on very weak volumes.

Via Westpac: Given the intense focus on Australia’s housing markets at the moment and in light of our recent commentary around the best way to interpret auction market results (seehere) we are now providing short previews each Friday and summary updates the following Monday setting out how results should be viewed.

Earlier this week, I released detailed analysis of state and territory stamp duty receipts for the 2017-18 financial year, which was released by the ABS.

Via Cameron Kusher at CoreLogic: With the release of the Consumer Price Index (CPI) for March 2019 over the past week, the low rate of inflation is resulting in larger inflation adjusted (or real) dwelling value falls.

By Leith van Onselen The Housing Industry Association (HIA) has released its March new home sales report, which recorded another 0.1% decline.

By Leith van Onselen Managing director of the Housing Industry Association (HIA), Graham Wolfe, has attacked Labor’s negative gearing policy, claiming that it will make it harder for mum-and-dad investors to enter the market.

By Leith van Onselen Apparently, the surge of foreign buyers into Australian real estate has helped pop Australia’s housing bubble and made housing more affordable.