Archive | January, 2016

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Sydney and Melbourne are the only capital cities with any significant increase in inflation adjusted home values over recent years

Yesterday the Australian Bureau of Statistics (ABS) released its quarterly Consumer Price Index (CPI) data for the December 2015 quarter.  The data showed that inflationary pressures remain very low with headline inflation rising 1.7% over the year and core inflation (underlying inflation) increasing by 2.0% over the past year, which is right at the lower end […]

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Housing finance demand is still growing, driven by owner occupier demand

Housing finance data for November 2015 was released today but the Australian Bureau of Statistics (ABS).  The data showed that on a seasonally adjusted basis, the value of housing finance commitments rose by 1.8% in November to $33.3 billion. Looking at the different components of mortgage lending, it shows that the value of commitments to […]

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Will new housing approvals follow the trend in capital gains and continue to ease through 2016?

The November 2015 building approvals data show a sharp fall in dwelling approvals led by the volatile unit segment.  Seasonally adjusted total dwelling approvals were -12.7% lower over the month, their largest monthly fall since July 2012.  Year-on-year dwelling approvals are -8.4% lower and approvals have retracted to be -16.8% lower than their recent record […]

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