Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
The latest from the REINZ shows home prices continue to ease, and they are getting into troublesome territory. That said, the REINZ still managed to spruik property, nevertheless.
https://www.reinz.co.nz/residential-property-data-gallery
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Edwin is back for another property rant, and we extend our discussion to Melbourne and Brisbane property as well as Sydney. So much happening.
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This is my edit of a discussion I had today about the Property Market as part of an online event run by Greg Owen from Goko which included Harry Dent, Peter Schiff, Gerald Celente and Robert Kiyosaki.
I discuss the current property market, how we got here, and what may happen next.
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The Reserve Bank of NZ lifted the cash rate another 0.5% to tackle inflation – and is taking a different tack to the RBA, where home prices are falling faster. Expect high rates and more falls ahead, in both countries.
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A September economic update, which highlights why things are going to get interesting in the weeks ahead. Central banks have a headache, as inflation still burns stubbornly hot, but financial stability issues are also emerging, so they have some tricky decisions to make.
And yet the FED has said a property price correction, and stock market correction would be “helpful” in the fight, to say nothing of a rise in unemployment.
Whether we hit a recession or not, in the short-term rates are going higher. This will have significant knock-on effects. Home prices will slide further, and markets will drop again – as they often do in October.
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More analysis of recent price cuts from the real estate portals, courtesy of Cookie, this time looking at the Northern Beaches in NSW. Prices are falling, and many households are in a pickle!
My latest Friday afternoon yarn with Journalist Tarric Brooker (@AvidCommentator on Twitter). We look at the latest ructions in the markets and ask what is going to happen next – what is below the waterline, with the help if Tarrric’s slides. Copies of the slides can be found at: https://avidcom.substack.com/p/charts-that-matter-30th-september
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My latest discussion with our property insider Edwin Almeida.
https://www.ribbonproperty.com.au/
From the We-chat chatters to the latest numbers and market commentary, we pick apart the property market. And Edwin lets us into more secrets of the Auctioneer.
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Another outing, thanks to Cookie, looking at recent property price reductions, and cross correlating these with data from my core market models. It is clear that property prices are on the turn in the last hold-out state now, and we know that mortgage stress is higher in the Northern half of the Apple Isle.
Go to the Walk The World Universe at https://walktheworld.com.au/
Another episode, thanks to research from Cookie, as we look at price reductions from the portals across Far North Queensland. Despite the massive spruiking we see a number of properties hanging around, and price reductions to match.
This not a scientific piece of analysis, and we do not know the story of single properties, but the trends are pretty clear. And we use data from our core market models to highlight the drivers.
The latest edition of our finance and property news digest with a distinctively Australian flavour.
Go to the Walk The World Universe at https://walktheworld.com.au/