Digital Finance Analytics (DFA) Blog
"Intelligent Insight"
According to the HIA-CoreLogic Residential Land Report, over the year to June 2017, residential land costs in key markets have soared to a new high with vacant land in Sydney now over $1,000 per square metre. Price pressures in the market for residential land were most intense in Melbourne where the median price increased by … Continue reading “New Sydney Land Costs Top $1,000 per SQM”
The latest economic and finance data appears to be pulling in two directions, so we discuss the trends. Welcome to the Property Imperative Weekly to 21st October 2017. Watch the video, or read the transcript! In this week’s review of the latest finance and property news, we start with data from the Australian Institute of … Continue reading “Pulling In Two Directions – The Property Imperative Weekly 21 Oct 2017”
We look at another massive week in property and finance, examine the arguments around mortgage rate rises, and consider which households are more likely to buy in the current market. Welcome to the Property Imperative weekly to 23rd September 2017, our summary of the key events from the past week. Watch the video, or read … Continue reading “Going Up? – The Property Imperative Weekly – 23 Sep 2017”
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”
A bunch of new data came out this week, so we discuss the findings and explore what it means for households and their budgets. Welcome to the Property Imperative weekly to 9th September 2017, the latest edition of our finance and property news digest. We released the August edition of our Mortgage Stress research which … Continue reading “The Light In the Tunnel – The Property Imperative 09 Sep 2017”
From The Real Estate Conversation. The Bank of mum and dad is growing the divide between those who can and those who can’t buy property. The latest Adelaide Bank/REIA Housing Affordability Report shows affordability is worsening, just as new research from Mozo shows increasing numbers of parents are stepping in to help their children get … Continue reading “A House Divided”
Mortgage Stress hit the headlines thanks to the ABC Four Corners programme, which used data from our household surveys. But if the tip of the iceberg is high debt, rising costs and devalued incomes, what lies beneath? We helped make the news this week, so in this special weekly edition of the Property Imperative to … Continue reading “What Lies Beneath? – The Property Imperative 26 Aug 2017”
From The Conversation. The densification of Australian cities has been heralded as a boon for housing choice and diversity. The up-beat promotion of “the swing to urban living” by one of Australia’s leading developer lobby groups epitomises the rhetoric around this seismic shift in housing. Glossy advertisements for luxury living in our city centres and … Continue reading “Why investor-driven urban density is inevitably linked to disadvantage”
From Zero Hedge. Chinese banking regulators’ efforts to force the country’s largest conglomerates to deleverage after an unprecedented binge on foreign assets has already spurred a pullback in foreign real-estate investment, part of a broader decline in foreign investment more generally. But with wealthy Chinese buyers suddenly out of the real-estate market, housing analysts are … Continue reading “Home Prices In Hong Kong Climb To Record Highs Even As Chinese Buyers Pull Back”
From The New Daily. The Turnbull government’s plan to allow first home buyers to direct up to $30,000 of superannuation savings into a housing deposit could end up draining super accounts and costing savers more than using a traditional bank account. Stephen Anthony, chief economist with Industry Super Australia, said the First Home Super Saver Scheme, … Continue reading “Home saver scheme may eat into your super before buying you a house”