This is an edited version of a live discussion about the current state of the markets with Investment Manager Tony Locantro from Alto Capital, in Perth.
Our latest property-related chat with Edwin Almeida, our property insider as we look at the latest from China in terms of new migrants, listing numbers, real estate agent behaviour, and the shape of the market. And we have Edwin’s latest hot tip.
My latest chat on a Friday afternoon with Journalist Tarric Brooker, covering the latest economic and financial news, courtesy of his famous slides. https://avidcom.substack.com/p/charts-that-matter-8th-july-2022
You can follow him on Twitter @AvidCommentator
Go to the Walk The World Universe at https://walktheworld.com.au/
We look at some more property repricing, as vendor exceptions are being adjusted now, and using our analytics tool highlight some of the common themes which come to the surface.
Do not believe the spruikers, many properties are being repriced lower!
Go to the Walk The World Universe at https://walktheworld.com.au/
We review the latest analysis from our surveys – as discussed in a number of TV and radio interviews over the past couple of days.
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.
Join us for a live discussion about the current state of the markets with Chris Bates from Wealthful, on the day the RBA will lift rates again. You can ask a question live.
Go to the Walk The World Universe at https://walktheworld.com.au/
In our latest Monday Rant we look at the latest from our Wee-Chatters, the latest numbers, and “innovative” property solutions, as rate rise and pressure on households build.
The latest data from the ABS on new loans and building approvals contain some interesting insights, but the Canstar survey says borrowers do not want more rate hikes (any surprise?), ahead of the RBA decision tomorrow.
Go to the Walk The World Universe at https://walktheworld.com.au/
The latest figures from CoreLogic show prices for homes are easing, and in some places falling. We look at the data, in the light of pressures on households, and rising stress as reported in our latest surveys. And we consider the future trajectory, sheeting the shape of price changes and wealth directly at the door of RBA monetary policy
[CONTENT]
0:00 Start 0:15 Introduction 0:25 June Price Moves 1:50 Major Cities 2:50 Regionals 3:50 Listings and Sales 5:50 Rentals 7:50 Outlook 12:00 Commentary 13:00 Latest Mortgage Stress 13:50 RBA will influence falls or gains 17:45 Conclusion and close
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.
On The Day CBA lifted their fixed mortgage rates 1.4% I caught up with Steve Mickenbecker from Canstar to discuss the implications of this, and the broader rate landscape as borrowers are being forced to pay more. While depositors are having a small win, the impact of rate hikes is concerning.
That said, households can take some steps to try to alleviate the pressure, though one popular one, cancelling health insurance is beset with issues.
Steve Mickenbecker is in Canstar’s Group Executive Team, bringing more than 30 years of experience in the Australian financial services industry. As a financial commentator for Canstar, Steve enjoys sharing his expertise across topics such as home loans, superannuation, insurance, mortgages, banking, credit cards, investment, budgeting, money management and more.
Go to the Walk The World Universe at https://walktheworld.com.au/