Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
Today we continue our series on the latest results from our households surveys. Following our recent posts, we had several people ask about trends around some of the metrics we use. We have been running these surveys since 1995. So in this post we present a summary of trends from 1995 onwards. It provides an … Continue reading “How Household Property Buying Intentions Have Changed Since 1995”
We continue our series on the results from our latest household surveys. Today we look at those seeking to trade up, and trade down. These are important segments, as they are both shaping the market. Looking at up-traders first, these are households looking to sell to buy a larger property. Over one million households fall … Continue reading “Trading Up and Trading Down – Latest Survey Results”
We continue updating our findings from our household surveys. Today we look at households who desire to enter the market. We highlighted yesterday that there are more people excluded from the market, but what of those who would like to buy? We start with a summary of households by type. This is the national picture, … Continue reading “Latest First Time Buyer Intentions”
Today we start a series on our updated household surveys, which will in due course feed into our next edition of the Property Imperative, due be released later in the year. The current edition, is still available, but there are some significant changes in household intentions since then. We run our surveys continually, and so … Continue reading “Property Inactive Households Rise Again, As Market Outlook Slows”
Continuing our analysis of the ABS April 2014 lending data, it is worth looking at the overall housing finance data. Total lent, including owner occupied and investment secured lending, refinance, and unsecured was $28.3 billion, a record. The previous highest was $28.0 billion in February (both figures are seasonally adjusted). Looking at the percentage splits, … Continue reading “Housing Finance Was Highest Ever In April”
The ABS released their Lending data for April 2014. In the last month, commercial lending was up 5.8% seasonally adjusted, to $43,802 million whilst housing finance was up 1.4% to $16,911 million. Personal finance and lease finance were both down. This data presents the monthly flows. Across the sectors, ABS reports: HOUSING FINANCE FOR OWNER … Continue reading “Commercial Lending Outstrips Housing Growth In April”
The IMF has launched its Global Housing Watch, a selected set of data highlighting potential pressures in the housing market across countries. “Housing is an essential sector of every country’s economy, but it has also been a source of instability for financial institutions and countries. Understanding the drivers of house price cycles, and how to … Continue reading “IMF Warns On Housing, Launches New Index”
On the day, Sarv Girn, the Chief Information Officer at the RBA gave a speech entitled Digital Disruption – Opportunities for Innovation and Growth to the Committee for Economic Development of Australia (CEDA), the AFR reports that Peer-to-peer lender SocietyOne has attracted the interest of James Packer and Lachlan Murdoch, although nothing is signed yet. … Continue reading “Is Peer To Peer Lending Going Big Time?”
The ABS published their housing finance data for April 2014. It is slightly below expectations, but the most significant element is the further rise in investor lending, which accounted for $10.9bn, or 39.4% of loans written. The highest ever was in December 2013, when Investment loans reached 39.6%. According to the ABS, the trend estimate … Continue reading “Investment Loans Break More Records In April”
We just updated our latest household survey responses, and today I update our findings on mortgage discounting. We last covered bank margins in May, and highlighted the selective discounting in play as funding costs ease. People who do not switch will not be enjoying the best rates. One question in our survey asks new borrowers … Continue reading “Rampant Mortgage Discounting Available, For Some!”