Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
In my latest Friday chat with Journalist Tarric Brooker, we parse the recent Central Bank decisions, and get below the surface to consider what lays beneath. And in Viewers questions, we look at mortgage and property values, listings, and inflation projections.
Slides are at: https://avidcom.substack.com/p/charts-and-links-from-appearance-179?sd=pf
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Go to the Walk The World Universe at https://walktheworld.com.au/
In our latest show we review some of our predictions from earlier in the year, look at why the Chatterers are buying apartments in specific locations, and parse the latest numbers. Also, an important message for anyone considering renovating a bathroom or kitchen in a high-rise!
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
The rate hikes from the RBA and BOC are important indicators for the FED decision next week. In short, rates are going higher for longer, suggesting a recession, and further pressure on banks. Are markets finally getting the message?
Could we be about to see a change in the property listing weather?
The rate rises are now starting to bite – as the lag after the RBA announcements translate into higher rates. And renters are also being hit. But the distribution of the pain is unevenly spread. This will not end well.
There has been a spate of changes to lending rules as banks seek to make it easier to refinance and borrow. Question is, is this really in the interests of households?
Today’s post is brought to you by Ribbon Property Consultants.
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This is a summary of the latest from our surveys, as we track rising financial stress across the country.
ASIC’s MoneySmart has some useful tool: https://moneysmart.gov.au/
The National Debt Help Line: https://ndh.org.au/
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
CoreLogic data for May shows an acceleration in home prices, the strongest since November 2021. However, many risks are stacking up and I think its too soon to be talking of a home price recovery – values are still well down from recent peaks. And the distribution of the rises are distorted towards to upper end of the market, where small volumes of sales can mess with the data.
Given higher rates ahead, the mortgage cliff, and a potential recession, this is likely a false dawn at best, at worse a head fake where some will get caught out.
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.
Latest date from the UK shows property prices falling as mortgage rates rise, and lending slows. In addition, migration, which reached a peak, may fall ahead.
Some interesting parallels with Australia?
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
This is an edited version of my latest live show, in which Robbie Barwick from the Australian Citizens Party examine the latest in the Senate Inquiry into Regional Banking Closures, the ASIC Inquiry, banks and corporates behaving badly and some of the broader geo-political risks in play.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
We look at the latest monthly CPI figures which were stronger than anticipated, and Phil Lowes’ outing in front of the Senate (maybe his last?).
It is highly likely that further rate increases are on the cards, despite the record high debt burden, acknowledge by the Governor. And whilst there was a focus on productivity improvement, the truth is, the war on wages growth continues.
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/
Set the latest falling building approvals from the ABS, against the rising population thanks to net migration, a rise in building company failures, and rising costs, and its a perfect storm. Housing construction is in a mess!
http://www.martinnorth.com/
Go to the Walk The World Universe at https://walktheworld.com.au/