Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
Join me tonight for an in-depth discussion of the RBA 50 basis point rate hike today, and the implications. What will happen the the property market now?
You can ask a question live via the YouTube chat. I will be joined by our resident property insider Edwin Almeida. Chris Bates had to pull out due to family illness.
In my latest Monday evening chat with our property insider, we look at a weird rental property, examine property price falls in the The Shire, and check the latest stats, as well as the latest from the we-chat sources. ANd will the RBA shift rates up a little or a lot?
https://www.ribbonproperty.com.au/
Go to the Walk The World Universe at https://walktheworld.com.au/
A review of recent property news and their implication for prices, the real estate industry and construction.
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.
The latest results from our household surveys and modelling underscores the rising financial pressure on households, thanks to higher costs of living, rent and mortgage repayments. As a result we are passing new records, and this before the RBA hikes again.
So today we walk though the results, map the high stressed areas and look at some specific post code examples.
Go to the Walk The World Universe at https://walktheworld.com.au/
Latest data from the RBA showed a surprising fall in new credit for housing. So we look at the numbers and consider the likelihood of a credit squeeze ahead.
https://www.abs.gov.au/statistics/economy/finance/lending-indicators/apr-2022
Go to the Walk The World Universe at https://walktheworld.com.au/
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.
I discuss the state of play for interest rates as the RBA meets next week. Mortgage rates are rising, while some deposit rates are rising. But how will this play out ahead?
And importantly, what can households do not to combat rising rates and costs?
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.
https://www.canstar.com.au/team-members/steve-mickenbecker/
Go to the Walk The World Universe at https://walktheworld.com.au/
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.
The Reserve Bank Of New Zealand is driving the OCR higher, as we saw last week. But the question is, for how long, and will they eventually have to reverse course?
New research suggests they may have to turn turtle next year as the economy stalls, and household budgets are squeezed.
Go to the Walk The World Universe at https://walktheworld.com.au/
This is an edited edition of our latest live show as I discuss the property market with our Property Insider Edwin Almeida.
Go to the Walk The World Universe at https://walktheworld.com.au/