Original article by Turi Condon
The Australian – Page: 3 : 30-Nov-18

Data from CoreLogic shows that residential property prices in Sydney have fallen by 1.3 per cent so far in November, the biggest monthly decline in 14 years. The firm now expects Sydney house prices to fall by 15 per cent from their peak. Tim Lawless of CoreLogic says the outlook for the housing market is unlikely to improve in the near-term, although he does not anticipate an increase in distressed sales. Meanwhile, Housing Industry Association data shows that sales of new homes fell by 10 per cent year-on-year in the three months to October.

CORPORATES
CORELOGIC AUSTRALIA PTY LTD, HOUSING INDUSTRY ASSOCIATION LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

Original article by Ingrid Fuary-Wagner
The Australian Financial Review – Page: 30 : 29-Nov-18

Domain economist Trent Wiltshire is upbeat about the residential property market in Perth, forecasting a five per cent increase in house prices during 2019. He cites factors such as a growing economy, a rising population, the development of new mines in the state and stronger commodity prices. Domain also forecasts that house prices in Melbourne will decline by one per cent in 2019 and Sydney prices will remain flat; prices in both cities are then tipped to rise by four per cent in 2020.

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DOMAIN HOLDINGS AUSTRALIA LIMITED – ASX DHA, RESERVE BANK OF AUSTRALIA, SQM RESEARCH PTY LTD, QBE INSURANCE GROUP LIMITED – ASX QBE, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY

Original article by Turi Condon
The Australian – Page: 27 : 23-Nov-18

The ANZ Bank is bearish about the outlook for the residential property market in Melbourne and Sydney, forecasting that house prices will fall by 15-20 per cent from their peak. ANZ expects increased lending restrictions to weigh on the property market, while other potential headwinds include the federal election due in 2019 and the final report of the financial services royal commission. ANZ also expects official interest rates to remain on hold until 2020.

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AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, RESERVE BANK OF AUSTRALIA, HSBC AUSTRALIA HOLDINGS PTY LTD, MORGAN STANLEY AUSTRALIA LIMITED, MACQUARIE SECURITIES PTY LTD

Original article by Mackenzie Scott
The Australian – Page: 21 : 12-Oct-18

Investment bank Morgan Stanley has warned that residential property prices in Australia could potentially decline by 10-15 per cent. It had previously forecast a fall of just 5-10 per cent in house prices. Morgan Stanley says a pullback of the magnitude it now forecasts would have a flow-on effect across the economy, including a rise in the official unemployment rate to eight per cent. The firm also says the earnings of companies with exposure to the residential property sector would be hit.

CORPORATES
MORGAN STANLEY AUSTRALIA LIMITED, NATIONAL AUSTRALIA BANK LIMITED – ASX NAB

Original article by Ingrid Fuary-Wagner
The Australian Financial Review – Page: 31 : 2-Oct-18

CoreLogic’s latest data indicate that there is greater resilience in the more affordable segments of Australia’s residential property market. House prices in the bottom quarter of the Melbourne market rose by 4.1 per cent year-on-year, while they fell by just 3.3 per cent in Sydney’s bottom quartile. However, prices in Sydney and Melbourne’s top quartiles fell by 8.4 per cent and 6.7 per cent respectively. Tim Lawless of Corelogic says demand is becoming focused on the more affordable housing segments as banks become more cautious about borrowers taking on too much debt.

CORPORATES
CORELOGIC AUSTRALIA PTY LTD, CAPITAL ECONOMICS LIMITED, RAY WHITE REAL ESTATE