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 0

February 04, 2023 00:30:36
Episode Cover

Apocalypse Postponed?

Something weird is afoot. There is much talk of falling inflation, moderating wages, record-low unemployment and possible soft landings. Yet some on Wall Street...

Listen

Episode 0

January 30, 2023 01:01:02
Episode Cover

Its Edwin's Monday Evening Property Rant [Podcast]

In our latest show, Property Insider Edwin Almeida and I look at listings numbers and compare them with the past couple of years –...

Listen

Episode

March 29, 2025 00:26:16
Episode Cover

Market Disorder Incoming As “Pax Americana” Unwinds…

It seems that markets are beginning to read the room, as the unwinding of the so-called rules based order – which really was based...

Listen