The ABS and APM have similar figures for Australia’s capital city housing markets (though neither tracks regional areas). And it’s good news, writes Terry Ryder at Property Observer.
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AUSTRALIAN PROPERTY MONITORS
Housing: rate rises are reversing the gains
As for the current state of the housing market, it appears that the recent rate rises are showing real signs of reversing some of the extraordinary gains of the past 18 months.
READ MOREBubble, or no bubble: that is the question
Residential property in Australia is obscenely overpriced. Whether or not this is the result of a price bubble, or the influence of first home buyers and wealthy investors, is yet to be seen.
READ MORERentals do have a say in residential property prices
The rental market is critical to residential property prices — many who claim that property prices never fall should look closely at the rental sector before believing real estate propaganda over facts.
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Housing prices: the bubble just gets bigger
The housing bubble continues to inflate in earnest, as the last major weekend of the auction season delivered a spate of booming prices. Can it continue?
READ MORERental yields a fools gold: but don’t tell the AFR
Another bemusing set of real estate data has been regurgitated verbatim by the mainstream media, writes Adam Schwab.
READ MOREHow much is your house worth? Who knows?
For many Australians, the vast majority of their assets consist of their primary residence or investment properties, but very little is known about their true value, writes Adam Schwab.
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