11 Sep Australian house prices back from the abyss

Key Points:

• The Australian housing market remains far more complicated than optimists & doomsters portray it to be.
• Yes, it’s expensive and heavily indebted but talk of mortgage stress is overstated & it’s been undersupplied.
• The combination of rate cuts, the election and a modest regulatory relaxation have helped turn property prices back up, but the upswing is likely to be constrained.

To read the full article click here.