Australian Property

By Leith van Onselen With CoreLogic’s July results reporting another month of falls for Sydney and Melbourne housing, I thought it was timely to take a deeper look at both markets using CoreLogic’s various measures.

By Martin North, Principal Analyst at Digital Finance Analytics: Digital Finance Analytics (DFA) has released the July 2018 mortgage stress and default analysis update.

By Leith van Onselen In October last year, Labor’s open borders immigration extremist, Dr Andrew Leigh, penned a spurious article claiming that Australia’s mass immigration ‘Big Australia’ policy has not pushed-up house prices: An OECD survey of the relevant studies concludes that migrants have a minimal impact on housing prices.

By Leith van Onselen Last month, CoreLogic released data on the change in house and unit values over the past decade throughout each of Australia’s largest sub-state regions (best known as SA4).

By Leith van Onselen CoreLogic’s latest dwelling sales data paints a sobering picture for those groups heavily reliant on property transactions, such as real estate agents and state governments (via stamp duty).

Via Damien Boey at Credit Suisse comes the big three: 1.

John Adams, chief economist at As Good as Gold Australia, has penned another ripping post exposing the fallacious arguments used to defend Australia’s record household debt, which is currently ranked the second highest in the world by the Bank for International Settlements: Australians should treat claims that household debt is not a concern carefully.

By Leith van Onselen MB’s warning that Sydney property investors are entering a doom loop of falling rents and prices has received support from various quarters.

CoreLogic released its auction report yesterday, which reported a decrease in the preliminary national auction clearance rate to 56.2% from 58.4% last weekend (later revised down to 55.6%).

By Leith van Onselen The boom and bust of Perth and Darwin’s housing markets have been well documented on MB.

By Leith van Onselen Last month, we argued that Sydney investors were entering a doom loop of falling rents and prices.

By Cameron Kusher, senior research analyst at CoreLogic: The Reserve Bank (RBA) has kept official interest rates sitting at 1.5% ever since August 2016 which represents the longest period of cash rate stability on record.

By Leith van Onselen It hasn’t taken long for Sally Capp – the former executive director of the Property Council of Australia’s (PCA) Victorian branch and new Melbourne Lord Mayor – to be accosted from her former employer.

Moody’s Investor Services has released a new report forecasting that Australian mortgage delinquencies will increase over the next two years as a record number of interest-only (IO) mortgages convert to principal and interest (P&I) loans.