With everything that has been happening lately you would be normal to think the Australian property market is likely to go down as a result.
But this new data about Mortgage Finance from the ABS suggests that property prices may actually go up, at least in the short term.
0:00 – Introduction
1:10 – New mortgage growth may lead to property price increases
2:57 – New mortgage growth explained
3:57 – The correlation with price growth
5:39 – Growth rate seems to affect property prices
9:05 – Are we in a bubble?
11:33 – This seems to be a good short term indicator, but not long term