Category: Property Market

The Kiwi Economy On A Knife Edge… As More Leave!

In this show we will look at some of the recent data relating to the New Zealand economy, which is sitting in a high interest rate, recessionary condition, as the Reserve Bank of New Zealand wrangles inflation towards its targets. We saw a significant rise in people leaving the country, with New Zealand Citizens voting with their feet!

So, we will look at the latest on property prices, retail spending and the latest inflation and migration updates. Overall, things remain very tough, though inflation while remaining sticky, is easing slowly.

So, standing back, clearly the New Zealand economy is not out of the woods yet, but the Reserve Bank of New Zealand’s approach of lifting rates higher than Australia does appear to be pushing inflation in the right direction. The uptick in exits from New Zealand suggests perhaps that some are deciding to jump ship, because households are clearly feeing the pressures. And recent policy changes will likely continue to reduce net overseas migration, with potentially significant impacts on the jobs market, and demand for property.

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

… And The Real Property Winners Are…?

Interesting ABC article, which shows Real Estate Agents are winning, thanks to higher prices. But others are losers, period.

https://www.abc.net.au/news/2024-06-12/house-price-growth-to-continue-corelogic-analysts/103964952

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.

Its Edwin’s Monday Evening Property Rant!

After a week away, we’re back with another episode as we look at the stupidity in the property sector, as some are piling into the investor sector, while others are trapped due to the higher interest rates, and nowhere to go.

https://www.ribbonproperty.com.au

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.

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 Housing Market Sheep And Goats (Which Are You?)

Data from my surveys, as discussed this past week, along with other market data shows we have a very divided housing market, with on one side of the ledger many households under significant pressure and begin forced to sell up, while watching their property values slide, while on the other side property investors are still piling in competing with owner occupied buyers, especially at the lower end of the market and bidding prices higher. Actually of course there are many micro markets across the country, and so any headline “data” on rises or falls mask important differences. Housing isn’t just the great Australian barbecue-stopper. It’s our greatest pain point, too. All this only days after Australia’s GDP figures grew at the lowest rate in three decades, excluding the COVID-19 pandemic, and as traders push out rate cut expectations well into next year.

So today I will be looking at the latest signals from the data relating to mortgage prisoners, forced sales, credit growth and investor activity, to provide context for the misleading headlines we see on the property portals.

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.

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.

Financial Pressure Reports: May 2024 – 6. Post Codes

This is the final part in a series of posts which deep dives into our latest survey results, with a focus on requested post codes from our followers.

In order we looked at 3690, 6163, 4217, 3931, 3216, 7250, 4184, 4212, 2462, 4218, 4551, 5353, 2195, 3111, 3216, 2060, 3875, 3880, 2261, 4304, 3337, 6164, 3756, 2122, 3030, 3195, 4035, and 4879.

The full 2,000 post code series is available by subscription from our Patreon channel below.

See the first part, where we describe our approach here: https://youtu.be/3oidJ_XKgAE

The second part on mortgage stress is here: https://youtu.be/6g6cb1mU2zQ

The third part on rental stress is here:
https://youtu.be/ZZ0OyEFaplM

The fourth part on investor stress is here:
https://youtu.be/JF0FuwzQSSI

The fifth part on household stress is here: https://youtu.be/bcoRoixJVR0

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

Financial Pressure Reports: May 2024 – 5. Families

This is the fifth part in a series of posts which deep dives into our latest survey results, with a focus on overall financial stress across families, which is rising further.

See the first part, where we describe our approach here: https://youtu.be/3oidJ_XKgAE

The second part on mortgage stress is here: https://youtu.be/6g6cb1mU2zQ

The third part on rental stress is here:
https://youtu.be/ZZ0OyEFaplM

The fourth part on investor stress is here:
https://youtu.be/JF0FuwzQSSI

The full 2,000 post code series is available by subscription from our Patreon channel below.

If you want details of a particular post code, drop it in the comments below, and I will endeavour to add it to a later show.

http://www.martinnorth.com/

Financial Pressure Reports: May 2024 – 4. Investors

This is the fourth part in a series of posts which deep dives into our latest survey results, with a focus on investor stress, which is rising further.

See the first part, where we describe our approach here: https://youtu.be/3oidJ_XKgAE

The second part on mortgage stress is here: https://youtu.be/6g6cb1mU2zQ

The third part on rental stress is here:
https://youtu.be/ZZ0OyEFaplM

The full 2,000 post code series is available by subscription from our Patreon channel below.

If you want details of a particular post code, drop it in the comments below, and I will endeavour to add it to a later show.

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

Financial Pressure Reports: May 2024 – 2. Mortgage Stress

This is the second part in a series of posts which deep dives into our latest survey results, with a focus on mortgage stress.

See the first part, where we describe our approach here: https://youtu.be/3oidJ_XKgAE

If you want details of a particular post code, drop it in the comments below, and I will endeavour to add it to a later show.

The full 2,000 post code series is available by subscription from our Patreon channel below.

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/

Financial Pressure Reports: May 2024 – 1. Overview

This is the first in a series of posts which deep dives into our latest survey results, with a focus on financial stress, which is rising further. This episode provides an overview, subsequent episodes will dive into the details of mortgage, rental, investor and financial stress.

If you want details of a particular post code, drop it in the comments below, and I will endeavour to add it to a later show.

The full 2,000 post code series is available by subscription from our Patreon channel. https://www.patreon.com/DigitalFinanceAnalytics

http://www.martinnorth.com/

Go to the Walk The World Universe at https://walktheworld.com.au/