Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
Steve Mickenbecker is a member of Canatar’s executive team and is a key financial commentator for the Canstar brand. He is active in all media as a commentator and educator across the finance range. Live event on Tuesday: Go to the Walk The World Universe at https://walktheworld.com.au/
Property expect Joe Wilkes and I discuss the latest New Zealand data, and consider the drive to attract first time buyers in both NZ and Australia. What does the data say? See the RBNZ May Financial Stability report.
Property expect Joe Wilkes and I discuss the latest New Zealand data, and consider the drive to attract first time buyers in both NZ and Australia. What does the data say? See the RBNZ May Financial Stability report.
We continue our analysis of the latest household survey results, with a deep dive into the motivations and barriers of first time buyers, whom both industry and government hope will pick up the slack as property investors flee. We showed there was an increase in the number of first time buyers seeking property and saving … Continue reading “First Time Buyers Won’t Take Up The Slack”
The Victorian Government has reaffirmed their intent to shortly accept applications for its shared equity scheme known as HomesVic from up to 400 applicants. This was first announced in March 2017. As we said at the time: … our analysis not only here but overseas is that they simply lifts prices by the same amount. … Continue reading “More On Incentives For First Time Buyers In Victoria”
First Time Buyers are keeping the property ship afloat for now, but what are the consequences? Welcome to the Property Imperative weekly to 9th December 2017. Watch the video, or read the transcript. In our weekly digest of property and finance news, we start this week with the latest housing lending finance from the ABS. … Continue reading “First Time Buyers Keep The Property Market Afloat – The Property Imperative Weekly – 9th Dec 2017”
The ABS released their housing finance data to October 2017 yesterday. Overall lending was pretty flat, but first time buyers lifted in response to the increased incentives in some states, by 4.5% in original terms to 10,061 new loans nationally. At a state level, FTB’s accounted for a 19% per cent share in Victoria and … Continue reading “First Time Buyers Keep The Property Ship Afloat [For Now]”
Data from the ABS today on housing finance reconfirms what we already knew, overall lending flows for housing from the ADI’s rose 0.6% in trend terms or 2.1% seasonally adjusted. Within that, lending for owner occupied housing rose 0.9%, or 2.1% seasonally adjusted and investor loans rose 0.2% in trend terms, or a massive 4.3% … Continue reading “First Time Buyers Lead Housing Finance Higher In August”
As we continue our series based on our most recent household surveys, we look at first time buyers, who seem to be picking up at least some of the slack from property investors (which we covered yesterday). We see that 27% want to buy to capture future capital growth, the same proportion seeking a place … Continue reading “First Time Buyers On The Up”
The RBA published a research discussion paper “The Property Ladder after the Financial Crisis: The First Step is a Stretch but Those Who Make It Are Doing OK”. Good on the RBA for looking at this important topic. But we do have some concerns about the relevance of their approach. This paper investigates how things … Continue reading “First Time Buyers – The First Step is a Stretch – RBA”