Tags » Housing Bubble

17 July 2017 (AFR) - Deloitte says rates won't rise until 2018 amid 'powder keg' property market

(17 July 2017, AFR, p3, by Joanna Mather)

‘Interest rates won’t rise until 2018 and even then increases will be slow and moderate because the Reserve Bank of Australia fears igniting the housing “powder keg”, Deloitte Access Economics says. 44 more words

1.Market Observations

17 July 2017 (TheAge) - House price growth to slow further but no crash: UBS

(17 July 2017, The Age, BusinessDay, p21, Clancy Yeates)

‘Economists at investment bank UBS are increasingly confident a “correction” is taking place in residential construction, led by a slowdown in the apartment sector. 61 more words

1.Market Observations

Investor loans fall to lowest level in 12 months

http://www.smh.com.au/business/the-economy/investor-loans-fall-to-lowest-level-in-12-months-as-banks-react-to-tighter-apra-regulations-20170711-gx8rlv.html

  • Tighter APRA regulations have pushed investors out of the housing market and given leeway to first-home buyers
  • Business conditions also reached a multi-year high in June according to a National Australia Bank business survey, echoing back to pre-global financial crisis levels…
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Australian Economy

Ontario economy too dependent on housing ‘bubble,’ new study warns

Ontario, once the industrial powerhouse of Canada, has become precariously reliant on its booming housing market to fuel economic growth, warns a new report.

To show how Ontario’s manufacturing sector has slipped, the Fraser Institute report compares Ontario to Quebec, whose economy was historically weaker. 502 more words

Economy

END GAME STRATEGIES WORKSHOP REMINDER!

IMPORTANT REMINDER!

Many of our blog post readers have not yet made plans to sign up to attend the one and only Biloxi event, entitled “END GAME STRATEGIES” (workshop).   661 more words

Dave Krieger

Housing Shortage Continues

The Mortgage Corner

It was very good news that new-home sales rose nearly 3 percent in May to a 610,000 annualized rate. The report, always volatile, included a big upward revision to April which however, at 593,000, is still the year’s low. 596 more words

Weekly Financial News

21 June 2017 (AFR) - No pop in housing 'bubble': Sydney, Melbourne to deflate gradually, KPMG says

(21 June 2017, AFR, p34, by Michael Bleby)

‘Housing prices in Sydney and Melbourne have been pushed to the “upper stretch” of their historical growth rate and will fall back moderately, a new report by KPMG Economics says.’ 15 more words

1.Market Observations