In our latest show we review some of our predictions from earlier in the year, look at why the Chatterers are buying apartments in specific locations, and parse the latest numbers. Also, an important message for anyone considering renovating a bathroom or kitchen in a high-rise!
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Go to the Walk The World Universe at https://walktheworld.com.au/
CoreLogic data for May shows an acceleration in home prices, the strongest since November 2021. However, many risks are stacking up and I think its too soon to be talking of a home price recovery – values are still well down from recent peaks. And the distribution of the rises are distorted towards to upper end of the market, where small volumes of sales can mess with the data.
Given higher rates ahead, the mortgage cliff, and a potential recession, this is likely a false dawn at best, at worse a head fake where some will get caught out.
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Go to the Walk The World Universe at https://walktheworld.com.au/
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We look at the latest monthly CPI figures which were stronger than anticipated, and Phil Lowes’ outing in front of the Senate (maybe his last?).
It is highly likely that further rate increases are on the cards, despite the record high debt burden, acknowledge by the Governor. And whilst there was a focus on productivity improvement, the truth is, the war on wages growth continues.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Higher mortgage rates are starting to catch up on a number of fixed rated holders. Indeed over the next few months, higher home prices and the rate cliff will collide! What may happen?
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
The latest from our Property Insider, Edwin Almeida. we look at the latest numbers, how Governments are trying to “support” the market, and what happens when we get recognized….
This is an edited version of my latest live stream, featuring Leath van Onselen, joint founder of Macrobusiness and Chief Economist at Nucleus Wealth.
We explored the consequences of the massive waves of migration now forecast in the budget pages (hidden in an appendix) and the potential impact of home prices and quality of life.
The original show is available here: https://youtube.com/live/_DxR9F4l20g
This version tidied up the audio, as we had renovators noises off during the live show.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Join me for a live discussion with Leith van Onselen, Chief Economist at Nucleus Wealth and Co-founder of Macrobusiness. Given the population growth now projected in the latest budget, Leith has pivoted on home prices, so we explore these dynamics. You can ask a question live.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Our latest property discussion, with Edwin Almeida, covering sinkholes, buyer competition (and what is driving them), migration, and the need for insurance… plus lots of other items too!