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 31, 2020 • 00:11:14

Credit Growth Stirs – Perhaps! [Podcast]

We look at the latest from the RBA and APRA. Credit growth is still in the doldrums. https://www.rba.gov.au/statistics/frequency/fin-agg/2019/fin-agg-1219.html https://www.apra.gov.au/news-and-publications/apra-releases-monthly-authorised-deposit-taking-institution-statistics-for-1 Share this:EmailPrintTwitterFacebookLinkedInReddit

Episode 0

July 26, 2021 • 00:40:01

Its Edwin's Monday Evening Property Rant! [Podcast]

The latest in my series of property chats with insider Edwin Almeida. https://www.ribbonproperty.com.au/ Go to the Walk The World Universe at https://walktheworld.com.au/

Episode 0

April 24, 2023 • 00:48:57

It's Edwin's Monday Evening Property Rant (International Edition) [Podcast]

More from our Property Insider, as we look at the latest news, with a focus on Australia. http://www.martinnorth.com/ Go to the Walk The World...