Market Essentials - November 2018
/In news this month, all eyes have been on the release of the Royal Commission’s interim report. We can expect conservative lending behaviour to continue, which is posing a challenge for investors.
Weakened vendor confidence sees fewer new listings being added to the market, now at the lowest seasonal level since 2012 according to CoreLogic’s Tim Lawless.
Read More
Loanscape has today released its Borrowing Capacity Index for Q2/2024. It shows that the borrowing capacities of Australian individuals and families have stabilised after the sharp decline over the past 2 years. Lower income borrowers continue to be disproportionately impacted by interest rate increases: the family income required to qualify for the average size loan in Australia is 35% higher than 2 years ago.