Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
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.
Yesterday, the RBA raised its official cash rate by 0.5% to now sit at 0.85%. This increase was above market expectations and was the RBA has signalled that more rate rises are coming. This is particularly so given that the RBA has signalled that inflation is expected to go higher, not lower in the coming months.
Adams and North in the past two months have been warning that rates will go up, however, the key question is now how much pain is the RBA willing to inflict before it becomes too much and they need to stop. This is the 64 million question which no one is able to forecast – including the RBA board. The RBA Board signalled that the one areas that they remain unsure are households and what impact will rising interest rates have on consumption.
However, one of the most critical points that has emerged from the mainstream media coverage is that many people don’t accept the level of mortgage and rental stress outlined in the DFA dataset set. North suggests that mortgage stress is at 43% which would signify a major economic problem – however, the banks and market economists suggest that Australian households are in a strong position to handle these jobs.
As Adams and North mentioned in the last show – there will be a certain percentage of Australian households who will be sacrificed and they will go to the wall. There will be no compassion to these particular households. Especially those who have purchased in during 2022 and who likely took a variable mortgage – these are the sheep that will go to the slaughter. Go to the Walk The World Universe at https://walktheworld.com.au/
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/