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
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