Is This a Sign Property Is About To Boom?

https://www.youtube.com/watch?v=9xnCtizqiNg With everything that has been happening lately you would be normal to think the Australian property market is likely to go down as a result. But this new data about Mortgage Finance from the ABS suggests that property prices may actually go up, at least in the short term. 0:00 - Introduction1:10 - New mortgage growth may lead to property price increases2:57 - New mortgage growth explained3:57 - The correlation with price growth5:39 - Growth rate seems to affect property prices9:05 - Are we in a bubble?11:33 - This seems to be a good short term indicator, but not long term Recommended Resources MacroBusiness Article ABS Mortgage Data