The Managing Director at Market Economics believes it shows the market is ‘focussing on other things’, such as
the global economy, local profitability, and what the Reserve Bank will do with interest rates in the next few months.
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The housing market is not the economyAnalysis: Swings in the housing market can have important implications, but the property market is not the economy Memo to media - stop talking about it Absolutely spot on. Same with population growth, it’s not the economy. But australias economy is equivalent to about 80 % of big 4 banks loan books most of that w housing. The risk is if housing prices dn dn then our gdp size dn dn
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What the rental market tells us about property pricesWhat is going to happen next to Australia’s troubled housing market? jasemurphy 'In Melbourne, that question is not such a concern. With vacancy rates falling and strong population growth, there is apparently a willing market for those new homes. But in Sydney and Brisbane?'.. conditions aren't similar in Brisbane? Strong growth, falling vacancy?
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