Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
Our latest property chat with Edwin Almeida. A special discussion on the “levers” which might be used to try to prop property prices up, as the rate of fall increases.
https://www.ribbonproperty.com.au/
Go to the Walk The World Universe at https://walktheworld.com.au/
Rising interest rates are already putting more pressure on households and now banks are reducing their ability to lend at high multiples with an effective reduction of “Borrowing Power” of up to 20%. Combined, this will put more stress on property owners and renovators.
APRA has written to the banks stressing the importance of sound mortgage lending. Better late than never!
WA may well see some of the biggest changes.
Go to the Walk The World Universe at https://walktheworld.com.au/
A quick look at the very gloomy New Zealand Household Confidence Index.
The News From New Zealand is getting worse and worse (such that next years election result will now be really interesting). The latest is from the Westpac Mcdermott Miller Consumer Confidence survey results released this week.
Confidence among New Zealand households has plummeted, dropping to its lowest levels since we began surveying consumers back in 1988. The Westpac McDermott Miller Consumer Confidence Index fell 13 points in the June quarter to a level of 78.7. Confidence has only come close to these sorts of lows twice before – first during the recession in the early-1990s, and then again during the Global Financial Crisis in 2008/09.
Go to the Walk The World Universe at https://walktheworld.com.au/
With the RBA now tightening interest rates, what is critical to understand when the RBA will officially surrender to inflation is to look at forward leading indicators.
When it comes to the property market, Adams and North think there are three indicators which need to be paid close attention to, which are:
Today, Adams and North are going to focus on residential property listings for Sydney and the surrounding regional suburbs using data from SQM Research. Property listing data is a better forward leading indicator than credit, because vendors list their properties on the market before buyers and borrowers purchase property.
We should note in a previous show, Adams indicated that the three areas of the property which are likely to crack first are:
Go to the Walk The World Universe at https://walktheworld.com.au/
The latest from our Property Insider, Edwin Almeida, as we look at the latest market dynamics, price movements, and gossip from China. Things are getting, well interesting. And we also discuss mold in property and stamp duty and other levies relating to new construction. A packed show.
https://www.ribbonproperty.com.au/
Go to the Walk The World Universe at https://walktheworld.com.au/
Today we discuss the latest property data and highlight some of the recent changes which suggests the “it always goes up brigade” may be wrong.
Thanks to Cookie Boy for helping with the research!
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.
Some quick thoughts for households facing higher interest rates. There are some simple things you can do to help take the sting out of the rises – and taking more debt is not one personally I would play with.
Go to the Walk The World Universe at https://walktheworld.com.au/
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Caveat Emptor! Note: this is NOT financial or property advice!!
We look at the latest data as interest rate rises are passed through to borrowers, the changes in housing affordability, and the horrendous mess the RBA has made. Which begs the question where to from here?
[Content]
0:00 Start
0:15 Introduction
1:00 Marginal Buyers Under The Bus
5:37 Banks Pass The Rate Hikes On
14:20 Home Prices To Fall
16:43 Housing Affordability Dies
19:59 RBA Major Fail – What Now?
24:41 Conclusion
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.
We look at the latest data from New Zealand, and how the property portals spin the story of rising stock, falling prices and confidence, against rising mortgage rates.
And we can probably extrapolate what may be going to happen here in Australia in the months ahead, considering our rate is well below the current NZ OCR of 2% – ahead of the RBA decision Tuesday, when we expect a 0.4% rise.
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.
Loads of data out the past couple of days, so we cover off the March 2022 quarter GDP, (hint strong household spending), Credit Growth (hint, investors having a field day), Building approvals (down) and Home Price aggregates (overall down).
We also discuss the implications for the new Government.