This is what’s happening in the home lending market

Every week, Chris Bates and Pete Wargent jump on the Australian Property Podcast airwaves to answer your questions or cover the top 3 property news stories of the news. Don't forget to send Chris and Pete your questions!

In this week’s episode, Chris and Pete cover: 

1 – Lending in a solid uptrend, but not so much for new housing

2 – Listings plunge in winter lull

3 – A window for upgraders

Episode resources

Rask community forum

https://community.rask.com.au/home

Story 1 – Lending in a solid uptrend, but not so much for new housing

https://www.abs.gov.au/statistics/economy/finance/lending-indicators/latest-release

https://petewargent.blogspot.com/2024/07/lending-solid-but-not-much-for-new.html

https://jamesfostermacro.blogspot.com/2024/07/australian-housing-finance-17-in-may.html

https://hia.com.au/our-industry/newsroom/economic-research-and-forecasting/2024/07/new-home-lending-remains-weak

Story 2 – Plunge in winter listings

https://sqmresearch.com.au/uploads/09_07_24_Total_property_listings_June_2024_Final.pdf

https://petewargent.blogspot.com/2024/07/winter-lull-drives-huge-decline-in.html

Story 3 – An opportunity window for upgraders?

https://www.linkedin.com/posts/christopherbates_windowsarenotopenforever-activity-7215869371141742592-nWQX?utm_source=share&utm_medium=member_desktop

https://www.linkedin.com/posts/christopherbates_the-longer-the-rental-crisis-the-greater-activity-7216651826194972672-rWTf?utm_source=share&utm_medium=member_desktop

~~ Resources you'll love ~~

• Invest with Owen: https://bit.ly/R-invest
• Mortgage Broking: https://bit.ly/broke-rask
• Financial Planning: https://bit.ly/R-plan
• Property Coaching: https://bit.ly/R-P-coach
• 100-point property checklist (PDF): https://bit.ly/prop-check
• Accounting with Grey Space: http://bit.ly/3DG5lWS
• Business Coaching: https://bit.ly/o-coach
• Ask a question: https://bit.ly/3QtiY00

DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.

Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

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