Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
In our latest video blog we walk though some of the most important numbers in the mortgage and property market, including the latest findings from our household surveys. Some of the questions we answer are: How big is the mortgage market? How many borrowing households are there? What is the average mortgage size? How many … Continue reading “The Property Market, By The Numbers”
The latest data from our households surveys highlights the core problem facing many Australian households at this time. There are nearly 2 million households who are unable to purchase their own home. Across the states, 33% reside in NSW, 26% in VIC, 20% in QLD and 11% in WA. We can segment these households using … Continue reading “Nearly 2M Households Locked Out Of Property Market”
The latest OECD Report – 2017 Economic Survey of Australia says whilst Australia’s economy has enjoyed considerable success in recent decades, the economy shares the global risk of a “low-growth trap”. Living standards and well-being are generally high, though challenges remain in gender gaps and in greenhouse-gas emissions, and further challenges arise from population ageing. … Continue reading “OECD Paints A Sanguine Picture Of The Australian Economy, Includes Housing Risks”
The seasonally adjusted Wage Price Index (WPI) rose 1.9 per cent through the year to the December quarter 2016, according to figures released today by the Australian Bureau of Statistics (ABS). This result equals the record low wages growth recorded in the September quarter 2016. Those in the public sector are doing better than in … Continue reading “Wages growth remains at record low”
The latest and updated edition of our flagship report “The Property Imperative” is now available with data to end February 2017. This eighth edition updates the current state of the market by looking at the activities of different household groups using our recent primary research, and other available data. It features recent work from the … Continue reading “The Property Imperative 8 Now Available”
ABC’s RN Breakfast‘s Business Reporter Michael Janda discussed household debt as part of his segment on Radio National Breakfast this morning, and was kind enough to mention our recent research on owner occupied and investment housing debt sensitivity. There was a subsequent flurry on Twitter discussing the DFA research approach. To be clear, our household … Continue reading “More On Household Debt, From The ABC”
According to Roy Morgan, whilst there was a decline in mortgage holders with no real equity in their homes, over 300,000 still at risk. The results show why house prices are important, and why any fall is a problem. In the 12 months to October 2016, the latest Roy Morgan Research data has identified 6.9% … Continue reading “Over 300,000 Borrowing Households Have Little Or No Housing Equity”
From The NewDaily. Despite Wednesday’s “worryingly” low inflation result, house prices have continued their upward march right where it hurts the most: the overheated capital cities. Not only does the consumer price index measure things like groceries and petrol, it also measures changes in the price of buying a new home. In fact, this measure contributes almost a tenth (9 per … Continue reading “No consolation for home buyers in these inflation figures”
So, suddenly its politically correct to be discussing “housing affordability”. But talk is cheap, as we discussed in a recent video blog. The problem is the political weight from home owners, banks, and the construction industry are all wedded to ever rising prices. The number of first time buyers are relatively small, so they have … Continue reading “Why Housing Affordability Talk Is Just Hot Air”
Good article from Julia Corderoy, news.com.au. THIS map is a homebuyer’s worst nightmare. It is no secret that housing affordability in many parts of Australia absolutely sucks, especially in Sydney. And it looks like it’s getting worse. Since 2009, house prices in the Harbour City have almost doubled, rising by 97.5 per cent, according to … Continue reading “Housing affordability is in dire straits”