12 Oct 2018 (TheAge) - American ructions behind $50 billion dive in local market

(12 October 2018, The Age, Business, p27, William McInnes & Nick Toscano)

‘Australian shares have suffered a sharp fall amidst heavy selling in global markets as investors worry about the prospect of a trade war with China and the impact of rising interest rates in America. 54 more words

1.Market Observations

11 Oct 2018 (AFR) - House building: Think the building boom is over? - Detached home starts at 23-year high, keep activity strong

(11 October 2018, AFR, p46, by Michael Bleby)

‘Housing construction picked up in the year to June, as building of detached houses and both apartments rose to higher levels than in 2017, official figures showed on Wednesday Total dwelling commencements rose to a seasonally adjusted 228,478 in the 2018 financial year, above 221,238 in the previous year as detached house starts rose 4.8 per cent to 120762 – a 23-year high – and commencements of units, townhouses and semi-detached dwellings gained 1.8 per cent to 106,239.’ 15 more words

1.Market Observations

11 Oct 2018 (AFR) - Mortgage delinquency rates highest in outer suburbs: Moody's

(11 October 2018, AFR, p43, by Ingrid Fuary-Wagner)

‘Homeowners struggling to repay their mortgages are most likely to be found in the outer suburbs of Australia’s cities. 51 more words

1.Market Observations

11 Oct 2018 (AFR) - First annual unit rent decline in Sydney since 2004: Domain

(11 October 2018, AFR, p43, by Ingrid Fuary-Wagner)

‘Apartment rent prices across Australia dipped over the September quarter, with Sydney weighing slightly on the overall market. 38 more words

1.Market Observations

11 Oct 2018 (AFR) - Perth heads for $1bn in office deals in 2018

(11 October 2018, AFR, p40, by Larry Schlesinger)

‘Sales of Perth office towers are expected to top $1 billion this calendar year in a sign of renewed optimism in the country’s weakest, but improving, capital city office leasing market.’ 15 more words

1.Market Observations

11 Oct 2018 (AFR) - Desk space fills at fastest rate in a decade

(11 October 2018, AFR, p40, by Nick Lenaghan)

‘The take-up of office space in the national office market has hit its highest level in more than a decade as white-collar jobs expand, according to quarterly figures compiled by JLL. 56 more words

1.Market Observations