Category: Property Market

The RBA Considered 25 and 50!

The RBA minutes today revealed they considered both 50 and 25 basis points rate hikes at their last meeting – but no thought of holding rates. So it was not a close decision, the RBA turned more hawkish.

And more rate hikes must be expected, while inflation won’t drop into 2-3% range until 2025.

So expect more rate hikes and higher for longer, with a following fall in wealth and output. This all aligned with the Governor’s comments last week to Parliament.

http://www.martinnorth.com/

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The Downsizers Dilemma…

There are more than one million households who are considering Downsizing over the next couple of years. But in the current environment where prices were driven higher by loose lending, low rates and Government policy over the past couple of years – but this has now started to unwind, with significant falls, along with lower supply.

So the issue for Downsizers is trying to sell quick (and accept a lower price) to crystalize past gains or wait it out. And there are also some tax effective options relating to superannuation which need to be part of a plan.

Given the complexity, Downsizers need to ensure they get the best advice.

http://www.martinnorth.com/

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Questions, Answers, And A Soft Landing (Maybe) With Tarric Brooker…

An early chat with journalist Tarric Brooker this week as we answer viewer questions and share some charts.

Timely – given all the data which is out just now.

http://www.martinnorth.com/

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New Zealand In The Teeth Of The Storm!

The current storm in New Zealand will hopefully clear in the next few days. But the other storm – falling home sales and prices in reaction to higher mortgage rates, will take time to work through. The RBNZ has not yet finished the tightening cycle.

So we look at the latest REINZ figures, which reveals a significant slowdown.

http://www.martinnorth.com/

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Edwin’s Rant Special: A Collection Of Property Experts Say…

In a special edition of Edwin’s Rant, we are joined by property analysts Louis Christopher from SQM Research. https://sqmresearch.com.au/

We look at the latest statistics and property trends and discuss where the markets are headed.

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

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The Affordable Housing Smoke And Mirrors!

New housing legislation has been introduced to Parliament to deliver the “single biggest investment” in affordable and social housing in a decade.
States and territories tackling their own housing supply crises will have greater help via new federal bills introduced to Parliament on Thursday (9 February).

Under the umbrella of three new bills — the Housing Australia Fund Bill; National Housing Supply and Affordability Council Bill; and Treasury Laws Amendment (Housing Measures No. 1) Bill — the government has delivered “the single biggest investment in affordable and social housing in more than a decade.

But as we discuss the proposals are small and driven by a Neo-liberal mentality. Does not address the fundamentals of housing affordability but plays around the edge for political advantage. We need better!

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Mapping Home Price Falls…

I caught up with the developer behind Spachus – a visual mapping tool that tracks home prices across the main areas of Australia. We chat about the philosophy behind the approach, which is powered by data from Domain, and we also demo the functionality (which is continuing to evolve).

https://www.spachus.com/

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Here Comes Yet More Home Price Falls!

The latest data from Core Logic confirmed more home price falls across both capital cities and the regions. Hobart and Brisbane are hit hardest, and regional areas are hanging on a little better. But even Perth and Adelaide are now going down.

And latest forecasts from CBA are still talking about more falls. Unless we see forms of Government intervention, such as APRA cutting the 3% buffer, the RBA cutting rates, or more fiscal incentives.

http://www.martinnorth.com/

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Its Edwin’s Monday Evening Property Rant

In our latest show, Property Insider Edwin Almeida and I look at listings numbers and compare them with the past couple of years – what we see is different from what the MSM is saying. We also look in detail at the Blacktown property which sold, despite having significant issues with a missing DA, and the possible consequences. And we consider the latest property market fix from our government. What could possibly go wrong?

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

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