Housing shortage may, in fact, be a glut
A few weeks ago, Morgan Stanley released analysis showing Australia may have a housing glut rather than a shortage.
The Sydney Morning Herald - Posted 22/07/2012
Housing may start to hold back economy
Football, meat pies and Holden cars! That's the Australia I grew up in. But by the time I was an economist working in the Australian Treasury in the early 2000s, it had morphed suddenly into "football, house prices and 4WDs."
The Sydney Morning Herald - Posted 21/07/2012
Oil rises on US housing starts
Oil advanced for a sixth day, exceeding $US90 a barrel for the first time since May, as U.S. housing starts increased more than forecast and gasoline inventories fell.
The Sydney Morning Herald - Posted 19/07/2012
House prices slide with more to come: NAB
Australian house prices fell 2 per cent in the June quarter with more falls expected in the coming year, especially in the most populous states of New South Wales and Victoria, according to National Australia Bank.
The Sydney Morning Herald - Posted 12/07/2012
Housing outlook: the bad and the ugly
Anyone who has followed my blog on MacroBusiness will be aware that this columnist holds a bearish view on the Australian housing market overall.
The Sydney Morning Herald - Posted 03/07/2012
No risk of housing bust: RBA
Australia is not at danger of a collapse in the housing market, a top central banker says, again playing down concerns that Australia could suffer price falls like those seen in the United States or parts of Europe.
The Sydney Morning Herald - Posted 26/06/2012
Australia: Housing shortage all smoke and mirrors
The so-called housing shortage, which has been used by the property industry as an excuse for Australia’s overpriced housing, has been exposed by the 2011 Census figures.
The Sydney Morning Herald - Posted 22/06/2012
Australia - Housing starts on edge of huge chasm
HOUSING construction slumped further into the doldrums with new dwelling starts falling for eight straight quarters despite Australia's population growing last year. In the three months to March, housing starts across the country were down by 12.6 per cent.
The Sydney Morning Herald - Posted 21/06/2012
Australia: Housing starts plunge despite rate cuts
New homes starts plunged in the first three months of the year despite two rate cuts from the Reserve Bank in at the end of last year.
Dwelling starts tumbled 12.6 per cent in the first three months of the year, following a 6.9 per cent drop in the final quarter of 2011, according to the Australian Bureau of Statistics. Analysts had tipped a 2.3 per cent fall.
The Sydney Morning Herald - Posted 20/06/2012
Throwing money at housing is no cure for fear
Yet another contradiction to ponder about our economy: of the two biggest purchases most Australians make, one is going gangbusters while the other is flat and getting flatter. Go figure.
The Sydney Morning Herald - Posted 19/06/2012