Housing prices and construction rose dramatically until 2016, and since then, low interest rates are helping home owners weather the storm of falling prices. How long until the blue sky shines again?
Tag Archives | housing market
Bernard Salt’s smashed avocados are now part of our lexicon, even if the way we are using it was not his original meaning. Whatever, lots of expenses such as concert tickets add up significantly with compounding over time.
Australia’s net inflow of immigrant millionaires is large and growing. With a lack of premium housing stock, major cities are struggling to meet demand, but this does not necessarily feed into the broader economy.
History indicates that Australian house prices are more likely to flatline than collapse. The main problem is likely to be in high-rise construction, with banks exposed to highly-leveraged buyers and developers.
Everyone from the Reserve Bank Governor down is talking about apartment prices, and worrying about the consequences for the economy, and especially our banks. How does Australia’s leading futurist interpret the data?
Increases in Australian house prices are slowing but there are many reasons for an underlying support, but some locations for apartments will not do as well. Housing recovery continues in the US.
While the evidence points to Australia’s housing market coming off the boil, prices are still being supported by Chinese families assisting their children in Australia to buy a house or apartment.
After a strong run for house prices, changes in bank and regulatory policies will take some steam out of the market. For the longer term good of the market, it may be better to have a pause while fundamental values catch up.
A credit-fuelled property bubble enabled China to maintain its incredible run of growth through the GFC. But now it has to deal with the implications of a massive excess supply of property, as millions of homes lie vacant.
Australians are heavily invested in residential property and the impact of a property crash is obvious for those assets. But the consequences for many other investments should be considered.
Sydney house prices were up 14% in the year to March 2015. What’s making the market so strong, how much longer can the growth persist and will it ultimately end in tears? Unfortunately, there are no simple answers.
By many measures, Australian housing is overpriced, largely due to the restricted availability of land and low interest rates. What can the Government and the Reserve Bank do to prevent a bubble from forming?
Auction clearance rates are often quoted as a barometer of the health of the residential real estate market, but do they really reflect what is happening after the bidding stops?