Actually, In Some Areas Home Prices Are Falling!

Digital Finance Analytics (DFA) Blog

Jan 21 2024 | 00:08:38

00:00 / 00:08:38

Show Notes

I get very tired of the high-level reporting of home prices, because as you know I believe we have many discrete markets, which are behaving very differently across locations, states and types of property. Averages mask. But in some areas, prices are indeed continuing to drop. And drop fast.For example, in my old stomping ground, Thirroul, median house values rose significantly from 2019, peaked in 2021 at over 2 million dollars, that’s double their 2019 levels, then fell away to a new trough of $1.68 million in March 2023, before rising a little, but then moved down to around $1.78 […]

Other Episodes

Episode

January 23, 2020 • 00:14:56

Climate Related Risks Are A Source Of Financial Risks Says The BIS [Podcast]

The BIS has released a report “The “Green Swan” where they discuss how our changing climate leads directly to financial stability risks, but they...

Episode 0

October 08, 2023 • 00:05:22

The Mortgage Stress Default Disconnect

According to the AFR, Australia’s red-hot jobs market is preventing the country’s most indebted borrowers from falling behind on their home loan, as internal...

Episode 0

May 09, 2020 • 00:43:27

In Property We Trust - With Harry Dent [Podcast]

Harry Dent, Economist and Author and I discuss the latest from the US, and the Australian tendency to turn to property as the "best"...