Australian Property Market Update: May 2019

https://www.youtube.com/watch?v=OgMPANEXz8o In this Australian property market update we see Australia is still in wide spread decline but there are surprisingly positive signs that I didn't expect. We also talk about some of the larger economic factors at play. 0:00 - Introduction 0:37 - The rate of decline continues to slow 1:55 - Monthly value of new housing finance commitments increased 2:40 - Every capital city reported a decline with the exception of Canberra 5:05 - Sydney market update 6:35 - Melbourne market update 7:54 - Brisbane market update 9:45 - Adelaide market update 10:25 - Perth market update 11:14 - Hobart market update 12:41 - Darwin market update 13:55 - Canberra market update 14:30 - Rents have grown 0.3% nationally over the past 3 months 15:38 - Total listings remains high, but new listings are down significantly 16:32 - Other economic factors - Mortgage rates, loan approval process, election + economy 18:17 - Australia's private housing debt bubble and a bleaker view of the future 20:10 - Still a turbulent time in the Australian property market Is Brisbane cheaper than it was 10 years ago? - https://www.youtube.com/watch?v=U_dJqIADBJ8 In The Interest of the People YouTube Channel - https://www.youtube.com/channel/UCzwmB2wn8Slp3hko2Gpj2iA Switzer Interview with Steve Keen - https://www.youtube.com/watch?v=uU2jwUihIcs My Interview with Steve Keen (2015) - https://www.youtube.com/watch?v=brX18YrTPTY