Look No Home Loan! Another Market Distortion!

March 13, 2024 00:10:04
Look No Home Loan! Another Market Distortion!
Digital Finance Analytics (DFA) Blog
Look No Home Loan! Another Market Distortion!

Mar 13 2024 | 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

June 24, 2024 01:10:17
Episode Cover

Its Edwin's Monday Evening Property Rant!

In this week’s Rant we look at forecasts for future property prices (and who makes them), some of the recent changes in the dynamics...

Listen

Episode 0

December 20, 2021 01:06:35
Episode Cover

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

Join Edwin Almeida and myself as we discuss the latest property news. https://www.dailymail.co.uk/news/article-10314705/Asbestos-Gillian-Norths-dying-message-final-days.html https://asbestosawarenessaustralia.com.au/ Go to the Walk The World Universe at https://walktheworld.com.au/

Listen

Episode 0

August 15, 2022 00:53:16
Episode Cover

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

Our latest chat about property focused on migration increasing, as announced by the Government over the weekend, and the impact on the markets –...

Listen