Original article by Michael Bleby
The Australian Financial Review – Page: 4 : 13-Jul-18

National Australia Bank has revised its housing price forecasts for 2018 and 2019. The bank now expects house prices to fall by 1.8 per cent in 2018, compared to the 0.8 per cent decline it had forecast in April. NAB also predicts that the price of detached dwellings will fall by 0.1 per cent in 2019, having previously forecast an 0.8 per cent rise. It has also reported that property investor confidence has declined to a two-year low, while a recent ANZ/Property Council survey reported that the availability of housing finance has slumped over the past three months.

CORPORATES
NATIONAL AUSTRALIA BANK LIMITED – ASX NAB, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, PROPERTY COUNCIL OF AUSTRALIA LIMITED, RESERVE BANK OF AUSTRALIA

Original article by Larry Schlesinger
The Australian Financial Review – Page: 3 : 2-Jul-18

Figures to be released by Corelogic on 2 July are expected to show that Sydney house prices fell by around five per cent in the 2017-18 financial year. Melbourne house prices are tipped to have remained almost flat, while dwelling values in the five main capital city markets are expected to have declined by nearly two per cent. Preliminary figures indicate that the national auction clearance rate for the weekend of 30 June-1 July was 56.7 per cent, compared with a clearance rate of 67.3 per cent for the corresponding period in 2017.

CORPORATES
CORELOGIC AUSTRALIA PTY LTD, BELLE PROPERTY PTY LTD

Original article by Turi Condon
The Australian – Page: 19 : 21-Jun-18

Data from the CoreLogic-Moody’s Analytics Home Value Index shows that house prices across Australia are expected to fall by 0.5 per cent in 2018, following 8.6 per cent growth in 2017. House prices in Sydney will fall by almost five per cent in 2018, although a rebound is expected in 2019. Meanwhile, a 1.5 per cent downturn in Melbourne house is expected in 2018, with prices in Perth forecast to fall by 0.5 per cent. However, house prices in Brisbane will rise by 1.4 per cent.

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CORELOGIC AUSTRALIA PTY LTD, MOODY’S ANALYTICS AUSTRALIA PTY LTD, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, MACQUARIE SECURITIES PTY LTD, UBS HOLDINGS PTY LTD

Original article by Su-Lin Tan
The Australian Financial Review – Page: 29 : 8-May-18

SQM Research had forecast in October that Sydney house prices would rise by between four and eight per cent in 2018. However, it now predicts that house prices could fall by as much as four per cent. SQM now expects house prices in Melbourne to decline by up to three per cent in 2018, compared to its previous forecast for growth between seven and 12 per cent. SQM contends that Sydney’s housing market is overvalued by around 45 per cent.

CORPORATES
SQM RESEARCH PTY LTD, CAPITAL ECONOMICS LIMITED

Original article by Duncan Hughes
The Australian Financial Review – Page: 30 : 10-Apr-18

AMP Capital’s Shane Oliver forecasts that the median house price in both Melbourne and Sydney will decline by around five per cent in 2018. He expects a further downturn in house prices in 2019, although he adds that factors such as population growth and stricter lending standards will prevent a nationwide price crash. Meanwhile, analysis by valuer Herron Todd White suggests that Melbourne is the only mainland capital where apartment prices have not yet peaked.

CORPORATES
AMP CAPITAL INVESTORS LIMITED, HERRON TODD WHITE AUSTRALIA PTY LTD, CORELOGIC AUSTRALIA PTY LTD, THE REAL ESTATE INSTITUTE OF NEW SOUTH WALES