About Cameron Kusher

Cameron Kusher is RP Data’s senior research analyst, specialising in primary and secondary data analysis, property market commentary and consultancy. Cameron has a thorough understanding of the fundamentals such as demographics, trends, economics and spacial analysis and is a regular keynote speaker for property-related groups, regulated industry bodies, corporations and the government sectors. Follow Cameron on Twitter @cmkusher

Author Archive | Cameron Kusher

August 2014 building approvals

The Australian Bureau of Statistics (ABS) released building approvals data for August 2014 earlier today.  At a headline level, dwelling approvals were 3.0% higher over the month and are now 14.5% year on year.  With 16,810 approvals over the month there is clearly a strong level of residential development activity with monthly approvals just -5.0% [...]

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September 2014 Reserve Bank Financial Stability Review

The Reserve Bank released their bi-annual Financial Stability Review (FSR) earlier today.  From a housing market perspective it makes for very interesting reading with the RBA noting that ‘the composition of housing and mortgage markets is becoming unbalanced, with new lending to investors being out of proportion to rental housing’s share of the housing stock.’ [...]

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Why are home values still rising?

According to the RP Data CoreLogic Home Value Index, combined capital city home values have increased by 10.9% over the 12 months and by 18.7% over the current growth phase.  With many economic indicators heading in the wrong direction it seems counter-intuitive that home values would continue to rise as strongly as they are.  The [...]

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Investor demand for housing reaches an historic high

The Australian Bureau of Statistics (ABS) released housing finance data for July 2014 earlier today.  The headline result was the 0.3% rise in owner occupier housing finance commitments over the month.  In my opinion, a more significant result was the 6.8% monthly rise in investment lending.  Investment lending had shown signs of slowing over recent [...]

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July 2014 building approvals data

The Australian Bureau of Statistics (ABS) released building approvals data for July 2014 earlier today.  The data shows that there continues to be a strong pipeline of residential development in place. Focussing on dwelling approvals nationally, there were 9,585 house approvals and 6,733 unit approvals over the month.  The number of dwelling approvals increased by [...]

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APRA’s ADI property exposures data for June 2014

The Australian Prudential Regulation Authority (APRA) released their quarterly Authorised Deposit-taking Institution (ADI) Property Exposures data for June 2014 earlier today.  The data always provides a valuable insight into current and historic mortgage lending by ADIs.  This quarter’s data showed some very interesting trends. Based on the value of all outstanding mortgages by households to [...]

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Housing finance data for June 2014

The total value of housing finance commitments increased by 1.0% in June 2014.  The total value of housing finance commitment is 15.6% higher year-on-year.  Meanwhile the number of housing finance commitments to owner occupiers has increased by 0.2% over the month and has increased by just 2.4% over the 2013/14 financial year. The total value [...]

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June 2014 building approvals data

The Australian Bureau of Statistics (ABS) released building approvals data for June 2014 earlier today.  National dwelling approvals fell by 5.0% over the month with house approvals falling by -2.6% and unit approvals down -8.4%.  Despite the fall in approvals over the month, a significant number of dwelling approvals remain in the pipeline.  Note that [...]

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Inflation adjusted home values are still lower than their previous peak across most cities

According to the RP Data-Rismark Home Value Index, combined capital city home values fell by -0.2% over the second quarter of 2014.  With the Australian Bureau of Statistics (ABS) releasing their Consumer Price Index (CPI) data this week, we can see that in ‘real’ terms home values across the combined capitals fell by -0.7% over [...]

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What can be done about the fading hopes of lower income earner’s owning a home?

Lower income earner’s hopes of owning a home have faded over the past two years due to the high rate of capital gain, so what can be done? In last week’s RP Data Research Blog I highlighted sales by price point across the capital cities.  The data showed a shortening supply of homes selling at [...]

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