Ratings Agency Moody’s released their annual Mortgage Delinquency Report this week which showed delinquencies have increased over the year as consumer confidence dipped, property values fell and global economic conditions weakened. According to the report, the analysis in this report was performed on over $117.6 billion worth of mortgages which are included in Moody’s-rated residential [...]
Archive | September, 2011
The geography of jobs
Having a job is pretty high on the list of household priorities. Also high on the list is having a degree of confidence that you are going to keep your job into the future and that you are going to be paid a fair amount. With Australia’s unemployment rate at just 5.1% it’s reasonable to [...]
What does the recent improvement in consumer confidence mean for the Australian housing market?
The relationship between consumer confidence and housing market activity is a topic that we often comment on in relation to the housing market. The importance of a positive consumer mindset is simple; for a prospective buyer to make a high commitment purchase decision like buying a home they need to have a base line level [...]
An uplift in buyer activity may be just around the corner
The housing finance data released by the Australian Bureau of Statistics each month generally provides a reasonable insight into how demand is tracking across the Australian housing market. To put it simply, most people buying a home need to obtain finance. The trend in housing finance commitments, which is collected by APRA and covers at [...]
Household income growth stalls over the 2009/10 financial year
The Australian Bureau of Statistics (ABS) released their bi-annual Household Income and Income Distribution data for the 2009/10 financial year this week. This is an exciting release from the ABS (aren’t they all!) because the data only comes out once every two years and provides a valuable update about household income, where income is derived [...]
Subscribe Via Email
Enter your email address to subscribe to our e-newsletter, and have new posts delivered via email. You can also connect with RP Data on social media.
