Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
More from our property insider as we look at the divergence of the market in Sydney and Melbourne, the new state of origin quest between NSW and QLD, and how not to be bullied by agents desperate for a sale.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Today’s post is brought to you by Ribbon Property Consultants.
Recent property purchasers in New Zealand are more likely now to sell at a loss, according to property data company CoreLogic’s latest Pain and Gain Report.
The report found 7.4% of the residential properties sold across the entire country in the September quarter were sold for less than their owners paid for them. But in Auckland, where 11.3% of sales fetched prices below what owners had paid for them. Those least likely to make a loss were in Christchurch where the loss making rate was just 4.7% of total sales.
The proportion of loss making sales has increased rapidly since the beginning of 2021 and is now at its highest point since 2015.
The median size of the loss on properties sold for less than their purchase price was $45,000. However that would likely balloon out to $70,000 or more once selling expenses such as agent’s fees and legal expenses are added.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
This is an edited version of a live discussion about our latest financial stress modelling and analysis.
Original live stream here: https://youtube.com/live/bBujFeWj6JM
If you want a specific post code dataset, contact me via the DFA Blog. https://digitalfinanceanalytics.com/blog/
Go to the Walk The World Universe at https://walktheworld.com.au/
The latest in our weekly series, as we look at the news, numbers and trends. The fix was in in 2019, as migration underpins the markets. But are the trends in Melbourne and Sydney diverging?
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Today’s post is brought to you by Ribbon Property Consultants.
We look at the latest analysis of housing affordability, based on a range of data, and conclude that it has rarely been worse. In addition, some players are being highly selective in the way they present the data, understating the true picture for many households. We wonder why?
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Today’s post is brought to you by Ribbon Property Consultants.
Today we walk through the latest and troubling results from our surveys and analysis. Unfortunately, we see a further rise in cash flow stress (something confirmed by other analysts using different methods).
Next week we will be running a live show on the analysis, but today’s show walks through the main highlights.
Given the latest RBA rate hike, we expect more households to get caught out as rate grind higher.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Today’s post is brought to you by Ribbon Property Consultants.
The latest from Edwin as we look at the trends and numbers for this week. The construction questions surrounding high-rise continues, as the listings in Melbourne rise. Now we come to the upcoming Christmas and New Year break – how will this impact the numbers?
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Today’s post is brought to you by Ribbon Property Consultants.
Contrary to the MSM reporting, home prices are falling fast in some locations. Of course there is lots of spin about relating to this, but are we highlighted in our shows last year, falls were, and are occurring. Once again need to go granular.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Today’s post is brought to you by Ribbon Property Consultants.
Anther Friday chat with Tarric Brooker. We look at the latest charts and parse out what is going on.
https://avidcom.substack.com/p/dfa-chart-pack-3rd-november-2023
https://avidcom.substack.com/p/australia-vs-the-big-short-the-battle
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
More from our Property Insider Edwin Almeida as we examine the latest data from the markets. Will international ructions impact the market, as sky-high migration continues? Will Canberra succeed in its latest property venture? Will agents “fix” commissions? And will Victoria be the epicentre of the next leg down?
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Today’s post is brought to you by Ribbon Property Consultants.
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Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.