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 0

December 30, 2022 • 00:15:18

When The Property Market Bough Breaks! [Podcast]

Property prices are political not economic. So, while analysts are talking about property price corrections in 2023, and higher levels of defaults; and the...

Episode

April 23, 2026 • 00:09:13

Are Markets Misreading The Middle East War?

U.S. stock futures edged lower on Thursday, as investors kept tabs on tensions in the Middle East and gauged an incoming raft of corporate...

Episode 0

February 01, 2021 • 00:48:11

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

Edwin Alemida our property insider and i discuss the latest property news. https://www.ribbonproperty.com.au/ The latest edition of our finance and property news digest with...