Look No Home Loan! Another Market Distortion!

Digital Finance Analytics (DFA) Blog

Mar 13 2024 | 00:10:04

00:00 / 00:10:04

Show Notes

PEXA just released their second edition of their Cash Purchases Report which highlights residential property transactions that were funded entirely with cash. That is, residential properties purchased without a home loan. The share of mortgage-free transactions rose by 2.9 percentage points to 28.5 per cent of all home sales. And this is important, because it helps to explain the apparent contradiction between the rise in property prices at a time when mortgage interest rates have also risen, a weird combination to say the least. Some migrants, from the near 1 million arriving, come with sufficient cash to buy, as well […]

Other Episodes

Episode

July 10, 2024 • 00:12:03

Our Economic Update For July!

This is my quick economic summary for July, where I look over the recent data highlight some of the key questions ahead. http://www.martinnorth.com/ Go...

Episode

October 12, 2019 • 00:34:25

Light At The End Of The Tunnel, Or An Approaching Train? – The Property Imperative Weekly 12 Oct 2019 [Podcast]

The latest edition of our weekly finance and property news digest with a distinctively Australian flavour to 12th October 2019. Contents 0:30 Introduction 1:20...

Episode 0

May 13, 2020 • 00:22:31

Before The Budget - With Joe Wilkes [Podcast]

Local property insider Joe Wilkes and I discuss the upcoming NZ budget. Will it step up. or just support property some more? https://www.linkedin.com/in/joe-wilkes-33803818/