Archive | July, 2013

canberra values

Where to from here for home values?

According to the RP Data-Rismark Home Value Index results for June 2013, combined capital city home values increased by 3.8% over the 2012/13 financial year.  The growth in home values has been moderate, as we have noted in recent weeks, the response to the low mortgage rate environment has not been as strong as in […]

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Rate spread chart

Investors and upgraders continue to power the housing market

An ongoing theme in the recent increase in housing market activity has been that it has largely been driven by investors and upgraders rather than the first home buyers.  If you recall, it was first home buyers that led the market recovery back in 2009. The surge in first home buyer activity saw this cohort […]

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No of subs cheaper to buy than rent

Where is it more affordable to pay down a mortgage than a landlord?

Today RP Data released an update to their Buy versus Rent report which provides a suburb by suburb summary about the standard costs associated with servicing a mortgage compared with paying rent. Before everyone starts pointing out that the analysis doesn’t include the costs associated with a property purchase and ownership (stamp duty, conveyance, rates […]

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Percentage of first home buyer commitments

Why aren’t dwelling values increasing at the same pace as the last growth cycle?

As the housing market recovery continues in a fairly sedate manner, I thought it would be interesting to compare some of the key housing market metrics that we follow to observe the differences in the current market recovery compared with market conditions back in 2009/10 which was the previous recovery/growth phase post GFC.  The analysis […]

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