Hi,
He went through graphs showing us how he assesses the market analysing, market momentum- housing prices, unemployment data, owner occupant rates, building approvals, loan approvals and housing construction. This site has some good graphs and the sources - http://www.rba.gov.au/chart-pack/pdf/chart-pack.pdf - Not a good time to buy was my interpritation - the upside benefit is outweighed by the downside risk, basically
From your post Penny and the link provided, interesting to see the Housing Loan Approvals trending up for investment loans and down for owner occupiers, to the stage they have also met. Shows the the market dynamics are changing in property ownership.
Me too. Damn weather. Couldn't risk getting caught in floods
Hi,
He went through graphs showing us how he assesses the market analysing, market momentum- housing prices, unemployment data, owner occupant rates, building approvals, loan approvals and housing construction. This site has some good graphs and the sources - http://www.rba.gov.au/chart-pack/pdf/chart-pack.pdf - Not a good time to buy was my interpritation - the upside benefit is outweighed by the downside risk, basically
From your post Penny and the link provided, interesting to see the Housing Loan Approvals trending up for investment loans and down for owner occupiers, to the stage they have also met. Shows the the market dynamics are changing in property ownership.
Thanks Penny. I was quite disappointed to have missed it.