Business Research & Insights

Get the latest monthly update on housing market conditions around Australia.

Recovery in housing values accelerated in August.

Have dwelling values finally found a floor in July?

Although dwelling values fell in May, the pace of decline continued to ease; a trend that has been evident since the beginning of 2019.

Australian dwelling values fell half a percent last month as the pace of home value declines continued to ease.

Overall we are expecting that growth rates will continue to moderate across the combined capital cities.

The FOMC minutes gave away more than expected with the Fed suggesting it might be appropriate at some point to discuss a plan to adjust the pace of asset purchases if the economic recovery continues.

In what was a quiet night for markets the softness in oil prices spread into other commodities and it has weighted on the AUD and other commodity related currencies.

Risk sentiment was hammered on Friday with sharp falls in stocks and a large rally in bonds

It was a difficult month for equities with an initial sell off in early June, following the release of weak jobs growth figures in the United States and another decline later in the month following the UK’s decision to leave the European Union.