New Credit Growth Turns South: Property Prices Falling Ahead?

New data from the ABS shows new lending fro property is falling alongside a fall in first time buyers, and average loan size. So we look at this in the context of high rates as NAB and ANZ lift some rates further. And we review the ABS notes on changes to the data series ahead, so things may change again…

Go to the Walk The World Universe at https://walktheworld.com.au/

Today’s post is brought to you by Ribbon Property Consultants.

If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you.

Buying property, is both challenging and adversarial. The vendor has a professional on their side.

Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make.

Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest.

Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.

A Spotlight On Mitcham 3132

Another from our Spotlight series.

Mitcham is a suburb of Melbourne, Victoria, Australia, 20 km east from Melbourne’s Central Business District. Its local government area is the City of Whitehorse. At the 2016 Census, Mitcham had a population of 16,148.

Go to the Walk The World Universe at https://walktheworld.com.au/

New Zealand Housing Shocks Ahead!

A quick look at the current state of play in New Zealand, as the IMF recommends higher rates, and the Treasury figures the losses from the RBNZ’s programmes. Plus house prices and credit eases. Lots of negative indicators….

Go to the Walk The World Universe at https://walktheworld.com.au/

Why Regional Home Buyers Are Getting Crushed!

Labor has announced a Regional First Home Buyer Support Scheme, which to me is entirely political in nature, and further exacerbates the housing affordability issues we have been discussing. Meantime we discuss our data on rising mortgage stress in the regions, and why this is occurring.

https://alp.org.au/policies/regional-first-home-buyer-support-scheme

Go to the Walk The World Universe at https://walktheworld.com.au/

A Dire Warning For Mortgage Holders…

Another major bank came out last month with a belated warning for mortgage holders, as the impact of higher mortgage rates hit. Meantime Westpac reaffirms their rise expectations, and lift fixed-rate loans to-boot.

Go to the Walk The World Universe at https://walktheworld.com.au/

Today’s post is brought to you by Ribbon Property Consultants.

If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you.

Buying property, is both challenging and adversarial. The vendor has a professional on their side.

Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make.

Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest.

Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.

Evergrande Still Haunts The House

Chinese property firms listed in Hong Kong face a March 31 deadline to file annual results, their first audited financial statements since the industry’s liquidity crisis spread. Transparency and governance concerns have cropped up alongside worries about developers’ ability to repay debt following a record number of defaults last year.

Evergrande and its two Hong Kong-listed units this week joined a handful of Chinese developers warning they will probably miss deadlines for reporting audited 2021 results. Separately, its property-services unit said it was looking into how $2.1 billion of its deposits were used as security for pledge guarantees and seized by banks.

Go to the Walk The World Universe at https://walktheworld.com.au/

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Caveat Emptor! Note: this is NOT financial or property advice!!

A Spotlight On North Ryde 2113

The latest in our deep dives on a post code. Today we look at a suburb north west of Sydney where units prices are lower than they were in 2017, and where relaxed planning regulations have created a transformed neighbourhood.

This is general discussion only, and the scenarios will change ahead.

You can find out more about our “One To One” service here: https://digitalfinanceanalytics.com/blog/dfa-one-to-one/

Go to the Walk The World Universe at https://walktheworld.com.au/

Today’s post is brought to you by Ribbon Property Consultants.

If you are buying your home in Sydney’s contentious market, you do not need to stand alone. This is the time you need to have Edwin from Ribbon Property Consultants standing along side you.

Buying property, is both challenging and adversarial. The vendor has a professional on their side.

Emotions run high – price discovery and price transparency are hard to find – then there is the wasted time and financial investment you make.

Edwin understands your needs. So why not engage a licensed professional to stand alongside you. With RPC you know you have: experience, knowledge, and master negotiators, looking after your best interest.

Shoot Ribbon an email on info@ribbonproperty.com.au & use promo code: DFA-WTW/MARTIN to receive your 10% DISCOUNT OFFER.

FINAL REMINDER: DFA Live Q&A Property Now With Chris Bates 8pm Sydney Tonight

Join our live show tonight at 8pm (Sydney Time) as I discuss the latest property trends with Mortgage Broker and Elephant In The Room Podcast co-host Chris Bates, from wealthful.com.au.

We will be looking at the current trends, and consider the dynamics ahead, as rates and listings look set to rise. What are buyers and sellers thinking? And what of the recent Housing Affordability Report?

You can ask a question live via the YouTube chat feature.

Its Edwin’s Monday Evening Property Rant!

My weekly chat with Edwin Almeida, in which we discuss the fallout from the floods, how China is pulling its horns in, what property prices are doing, and we are introduced to three cockerels which Edwin has adopted.

https://www.ribbonproperty.com.au/

Go to the Walk The World Universe at https://walktheworld.com.au/