House prices


NAB data has RBA humming a rate rise tune

Buried in yesterday’s very upbeat business confidence and conditions survey from the National Australia Bank was a surprisingly negative forecast on house prices for 2010.

It’s the leverage, stupid

Steve Keen may have lost his bet with Rory Robertson on house prices, but he’s still right on the fundamentals, he argues: the crisis would have occurred long ago and been far less severe if governments and central banks hadn’t attempted to rescue the system from its own follies.

Gottliebsen: The Australian dream is over

Yesterday’s rate rise, coupled with recent changed to Australia’s superannuation policy, locks us into a nation-changing situation: we will soon be a nation of renters, says Robert Gottliebsen.

What do the Chinese know about investing in property?

Apparently, the Chinese, not always known for their investing expertise have been “single-handedly been responsible” for Melbourne’s recent home price inflation — at least according to one real estate agent.

Keen on Keane: the great population overhang story

On Monday, Bernard Keane took economist Steve Keen to task over his call that property prices will fall next year. Today, Keen has his right of reply.

The Dyer Index: lies, damn lies, and statistics

Which parts of Friday’s US economic figures may have frightened the horses and spooked the herd of investors?

The ins and outs of underquoting

With residential property real estate bubble appearing to rapidly re-inflate, the focus has once again shifted to allegations of under-quoting.

Housing is overpriced, Swan is making it so

As a treasurer, Wayne Swan makes a fine politician. In a free-market economy, it is not the role of the government to prop up over-priced assets — especially an asset as critical to millions of Australians as housing, says Adam Schwab.

Cage match 2: Steve Keen weighs in on house prices

Economist Steve Keen weighs-in on yesterday’s housing-price cage match, defending a “historical analogy” he made suggesting house prices might fall.

Green shoots or another mirage?

The US housing market appears like it might be stablising, with house prices up for the first time in three years. A weary Wall Street was glad for the news, but expects a gradual recovery.

Your Say: Daily Mail readers' feedback: Reactions to Rudd’s ETS delay

Crikey readers discuss Rudd’s Emissions Trading Scheme, the US economy and The Monthly’s cover highlights.

It’s official: house prices falling off a cliff

The fall in Australian house prices accelerated in the March quarter, official statistics have revealed.

Housing prices through the looking glass

Droves of first home owners are being convinced to enter into life-long debt to purchase a property that they cannot afford, writes Adam Schwab.

US house prices which continue to fall, unchecked

House prices in the 20 biggest American cities dropped a nasty 19% in the year to January, writes Glenn Dyer.

US house prices officially awful

The plunge in US house prices shows no sign of easing, pointing to further problems in the coming months, writes Glenn Dyer.

Rental vacancies the first pin prick in property bubble

The latest rental data contradicts the oft-repeated claims of a widespread housing crisis, writes Adam Schwab.

How 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.

Richard Farmer’s political bite-sized meaty chunks

Meaty snippets from the home of government, Richard Farmer writes.

Boost for Housing Supply: HIA chief

The first Swan budget is a step in the right direction for solving the problem of housing supply, writes Chris Lamont from HIA.

How overvalued is Australian residential property?

Another US house price survey, another decline in value and the correction seems to be heading across the Atlantic. Will it reach Australia?, writes Adam Schwab.

Production of bricks hit by house slump

The housing industry is in a slump which is bad news for home owners and even worse news for banks. But don’t forget the brickmakers, writes Glenn Dyer.

Housing slump will put pressure on merged Westpac/St George

The housing slump and the Reserve Bank’s war in inflation could take its toll on the proposed Westpac/St George merger. Westpac would be under pressure to cut costs by closing branches, sacking staff and rationalising banking infrastructure.

Your Say: Daily Mail readers' feedback: Comments, corrections, clarifications, and c*ckups

Wayne Goss and Free TV Australia … Paul Keating’s rant … Neil Mitchell … housing prices and grants … same-sex rights … Underbelly …

Broker queries ABS take on housing prices

Depending on who you believe, housing prices are either on the up, or taking a plunge, writes Glenn Dyer.

House price growth slows, interest rates to hold

The growth in the price of established houses slowed appreciably in the March quarter, but nowhere near as sharply as the market had been expecting, writes Glenn Dyer.