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

June 24, 2024 • 01:10:17

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...

Episode

June 05, 2025 • 00:18:40

Is Australia At Risk Of “Jumping The Shark?”

The slang term “Jumping The Shark” according to the Urban Dictionary, is when something has reached its peak and begun a downhill slide to...

Episode

December 13, 2019 • 00:08:02

Kitchen Sink From The Fed – Up To $365 Billion In The Next Month! [Podcast]

The latest from the Federal Reserve, and the trade talks – are they connected? Why the lift in repo transactions ahead? https://www.newyorkfed.org/markets/opolicy/operating_policy_191212 Share this:EmailPrintTwitterFacebookLinkedInReddit