Important indicators: We are looking at a ground-bubble ground bubble for now

Australia’s favorite favorite theme – returned home prices in a week that was too light on data releases in a week. Although painful, it may be for the current property owners that we are selling, we are witnessing whether a bubble slowly looks like spreading the truth.

The figures released on Tuesday showed that in the first quarter of 2017, the prices in Australia’s eight capital declined 0.7 percent. Prices had decreased 1.2 percent. Melbourne and Brussels faced 0.6 percent decline and Perit’s price was 0.9% lower.

During the last 12 months the prices could be lower due to lack of prices, or even more. Sydney prices decreased by 0.5% in the year, but Melbourne’s prices still had hardship (6.2 percent) and Brisbane made an annual growth of 1.6%. The stomach where prices have been pressured for some time, the trend of 1.5% in the previous year has been registered.

It compares the downstream pressure to reduce the approval rate of authentic auctions by Corljak. Last week, clearance rates across the country were 56.9% and only 55.8% in Sunni and 58.7% in Melbourne. This year’s comparison was a year ago when the city capital was 66.7%, Sydney was 68.0% and Melbourne was 71.0%. And this does not have a factor in this auction volume.

So here’s the matter. At least people are trying to sell their residential properties. Those who are less successful in trying. Successful people are getting low prices.

The big question is whether the housing market continues to quarrel, or it is going to be an unwanted “pop”.

Property prices will require a major improvement in a major trigger. The most likely candidate for this trigger is interest only.

Due to Australia’s profitable use of this kind, more risk is being paid in the end. As I wrote last year, at the peak, only 40 percent of the residential residents of Australia were interested in.

Last year, the Australian Projektakov Regulatory Authority (APA) stepped out, new interest on 30% new loans only took credit capping. This is due to the sharp drop in such loans, as well as strengthening the standards of care by banks.

The latest figure has only interest in interest rate of 15.2% on the issuance rate.

The ABB deliberately knows how the story story goes out. As they tell him, coming loans due to a $ 1 billion dollar bill of $ 1 billion will be easily transferred to the principal and interest loan for most people.

Well, maybe. I’m sure you

But for many people this transfer will include a 30-40% increase in monthly payment. At a time when the development of labor continues, many people do not have a large number of people.

Interesting interest only is a five-year term and then a refugee or principal and interest needs to be lending. For many people, interest is not just going to roller. In addition, only the largest amount of loans was written interest in 2013-2016.

So we want to see a three-year wave of shifts in principal and interest lending.

Even more risk, these years, loans were heavily debated by Mortgage Brokers, who were about to move the volume of all encouraged, not the quality. Massively Investing Bank UBS offers massive research on the popularity of “non-false debt” that it specifies that the potential of every lender is feared that third or more every month Has increased

Read more: Significant marks: Poor wage rate means a long-term interest rate may decrease

And emphasizes Roza’s view that emphasizes the RBA, look at the average buffer and embedded equality in the family. But this economy is deprived of the 101 perspective that it is a minor lender that sets pricing prices, not average.

If I’m selling hot dogs, I do not care if the average person wants to pay a hot dog, I see that the person I can sell is willing to pay, because he determines the price.

And, in a moment of formation of the Hour for eight weeks, the RBA’s RCA’s Chris Kent highlighted the difference between the average and the least lender, and said:

It does not matter that some of them are new lenders – in addition to that they bought at the height of the bubble, they made more than financial stress more than other lenders. The fact is that a complete group of people is on the wire. If their payments rise, they are going to struggle to make them. And if you need to be sold again many times, as they say in NASA, “Houston, we have a problem.”

Air can get out of Australia’s balloon, or it can throw off a violation. In any way we should ask difficult questions because AAA had long been interested in working only on debt, liver debt, and generally waist standards. Very difficult, very common questions

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