Tweet of the day: Slowing price growth linked to disposable incomes?

Tweet of the day: Slowing price growth linked to disposable incomes?
Jessie RichardsonDecember 7, 2020

According to CoreLogic RP Data's November figures, home price growth is slowing.

Australian capital price growth was 8.5% higher in last month than in November 2013. While CoreLogic RP Data research analyst Cameron Kusher deemed the year on year growth "healthy", he also noted it was down from the previous peak of 10.5%, recorded in April this year.

Given household annual household income growth has also slowed this year, Kusher is unsurprised at the result.

 

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