The Property Market Is Busted By A Fall In Lending!

We put together the lending and property price data released today, as we highlight the strong relationship between price movements and credit availability. The ABS shows new lending is down significantly, and prices are sliding at an accelerating rate. Go to the Walk The World Universe at https://walktheworld.com.au/

Its Edwin’s Monday Evening Property Rant!

Edwin and I was joined by WA Property Manager Rob, to look at what is happening in the West, as well as our normal chat about the latest numbers, and a stunning example of development which you will simply not believe. Plus some property related pet tips.

https://www.ribbonproperty.com.au/

Go to the Walk The World Universe at https://walktheworld.com.au/

A Litany Of Failures: More To Come!

Builders are falling like flies… and more to come.

Today’s post is brought to you by Ribbon Property Consultants. If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you. Buying property, is both challenging and adversarial. The vendor has a professional on their side. Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make. Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest. Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.

Home Prices Returning To Pre-pandemic Levels Fast!

Evidence is mounting that home prices are correcting towards pre-pandemic levels, and fast. Given the tightening of rates, borrowing power reductions, and consumer confidence falls, this is perhaps not surprising. But there are going to be consequences, and further falls should be expected.

Today’s post is brought to you by Ribbon Property Consultants. If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you. Buying property, is both challenging and adversarial. The vendor has a professional on their side. Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make. Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest. Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.

Its Edwin’s Monday Evening Property Rant!

Property insider Edwin Almeida joins me for another property related chat, as we move towards the start of the spring season. Some are saying the markets are turning, but we explore what is really going on as listing continue to rise, and more are expected to arrive on book soon. Also we look at a recent example of nasty surprises post purchase, what lies beneath?

https://www.ribbonproperty.com.au/

Go to the Walk The World Universe at https://walktheworld.com.au/

Operation Anti Spruik In The Illawarra!

Property in the Illawarra, south of Sydney saw a significant run up in prices through COVID. However, prices are now potentially on the slide as illustrated by recent examples from the listings sites. We discuss some examples, courtesy of research by Cookie Boy, and add in data from our core models to show how mortgage stress is playing into this. We also reveal our latest scenarios at a post code level.

Go to the Walk The World Universe at https://walktheworld.com.au/

The Economy Is Broken: Long Live The Phillips Curve! With Tarric Brooker…

My latest chat with Tarric Brooker, @AvidCommentator on Twitter.

His charts are available at: https://avidcom.substack.com/p/charts-that-matter-19th-august-2022

Go to the Walk The World Universe at https://walktheworld.com.au/

Growing Mortgage Pain Has Consequences As Forced Sales Rise…

We look at the issue of forced sales, as mortgage rates, plus refinancing strategies, and risks. The number of mortgagee sales is rising, according to recent data, but is this the full story?

Go to the Walk The World Universe at https://walktheworld.com.au/

Today’s post is brought to you by Ribbon Property Consultants. If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you. Buying property, is both challenging and adversarial. The vendor has a professional on their side. Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make. Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest. Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.

You Can Hear Home Prices Falling!

Household borrowing power is being reduced as mortgage rates rise in response on the RBA hikes in the cash rate.

As a result forecasts for price falls are accelerating, as price falls are being reported, despite the lag between rate rises being announced and hitting households.

Today’s post is brought to you by Ribbon Property Consultants. If you are buying your home in Sydney’s contentious market, you do not need to stand alone.

This is the time you need to have Edwin from Ribbon Property Consultants standing along side you. Buying property, is both challenging and adversarial. The vendor has a professional on their side. Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make. Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest.

Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.

What’s Happening To Canadian Home Prices?

Canada is an interesting analogue to Australia in so many ways, with its reliance on resources and massive exposure to property. Indeed, prices in some centres boomed through the recession. But now property values are falling, and further drops are expected. So today we look at analysis from Canada thanks to RBC Economics.

Go to the Walk The World Universe at https://walktheworld.com.au/