Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
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”
Yesterday we took a deep dive looking at how sensitive borrowing households are to a prospective rise in their owner occupied mortgage rates. A fundamental, though valid assumption we made was to look at the relative number of households impacted. This distribution led the analysis. However, we can look at the data through a lens … Continue reading “Another Perspective On Rate Sensitivity”
We have updated our analysis of how sensitive households with an owner occupied mortgage are to an interest rate rise, using data from our household surveys. This is important because we now expect mortgage rates to rise over the next few months, as higher funding costs and competitive dynamics come into pay, and as regulators … Continue reading “How Households Will Respond To Interest Rate Rises”
Today we look at a Interest Rate Sensitivity – a specific slice of data from our household surveys which we use to drive the mortgage stress data series, as we discussed recently. Using data from our surveys we are able to estimate the amount of headroom households would have if mortgage interest rates were to … Continue reading “A Deep Dive On Household Rate Sensitivity”
Having looked at events in the Property Market in 2016, we now turn to our expectations for 2017. There are many uncertainties which may impact the market, but using our surveys and modelling as a guide, we can make some educated guesses. First, mortgage rates will be higher by the end of 2017 than they … Continue reading “So Where Will The Property Market Go In 2017?”
We did some specific research for a slot on ABC Radio in South Eastern Regional NSW, covering the regions around Cooma, Bega, Jindabyne, and Batemans Bay. Using data from our surveys we were able to pull out some insights into the property markets in these locations. Given the fixation elsewhere on capital city prices, it … Continue reading “Where You Buy Matters”
The latest edition of our flagship report “The Property Imperative” is now available. The seventh edition updates the current state of the market by looking at the activities of different household groups using our recent primary research, blogs and other available data. In this edition, we look at household debt servicing ratios, a critical indicator … Continue reading “The Property Imperative 7th Edition Is Available”
The latest edition of the Digital Finance Analytics Household Financial Security Confidence Index (FCI) is released today, to end May 2016. It shows a significant rise in overall confidence levels, up from 89.2, to 94.7 although this is still below the neutral score of 100, which we fell below in 2014. A number of elements … Continue reading “Household Financial Security Index Rises, Significantly”
The latest edition of our flagship report “The Property Imperative” is now available. The seventh edition updates the current state of the market by looking at the activities of different household groups using our recent primary research, blogs and other available data. In this edition, we look at household debt servicing ratios, a critical indicator … Continue reading “Latest DFA Household Survey”