Tag Archives: real estate

Australian GDP Growth Slows

Australian Q1 2011 GDP release, reported the largest quarterly contraction of 1.2%. Farm GDP declined by 10%, while non-farm GDP declined 1% on a quarter-to-quarter basis. “Flooding, which began in late December 2010 combined with cyclones in both Queensland and … Continue reading

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US House Price Decline-Federal Housing Finance Agency’s House Price Index

Federal Housing Finance Agency’s (FHFA) seasonally adjusted purchase-only house price index (monthly) was down 0.3% in March.  The FHFA quarterly index was also 2.5% lower in Q1 2011 when compared to Q4 2010.  The index is down 19.8% from the … Continue reading

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AFFORDABILITY AND THE FIRST-TIME-BUYER

In the last post, we compared affordability in most recent 2 cycles. The post reviewed 2 different measures of affordability: mortgage repayments to income and house price to earnings ratio. Most interesting difference between the cycles is the pace of … Continue reading

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Affordability

This post analyses the affordability as measured by Halifax and Nationwide. A recent article in the Guardian discusses the issue of house price to earnings ratio. The author surmises that house prices would have to fall by 25% to reach … Continue reading

Posted in Affordability, Great Moderation, Halifax House Price Index, House Price, Interest Rate, Mortgage, Property Cycle, Real Estate, UK Property | Tagged , , , , | Leave a comment

Is Temporary Employment Supportive to House Prices?

The last post reviewed the relationship between employment and house prices. It was highlighted that the current recovery in employment levels is dominated by a surge  in temporary and part time workers. This post will assess the relationship between temporary … Continue reading

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More Demand Side Factors: GDP and House Price Index

The last post examined the relationship between mortgage approvals and house prices. The results from that analysis showed that mortgage approvals lead house prices by 4- 6 months. This post will assess the relationship between the overall health of the … Continue reading

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Property Demand Side Factors

Readers of the PropRate analyst blog have noted that the prior blog posts have focused on the relationship of the user cost of capital and house prices. In preceding posts, the main emphasis was on various interest rates and the … Continue reading

Posted in Halifax House Price Index, House Price, mortgages, Property, Property Cycle, Real Estate, UK Property | Tagged , , , | Leave a comment