CoreLogic's macroeconomic and demographic indicators of the Australian housing market

CoreLogic's macroeconomic and demographic indicators of the Australian housing market
Staff reporterSeptember 8, 2016

Due to fewer overseas migrants coming the population growth has continued to slow, according to the September.

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There was a huge increase in housing approvals during July.

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The gap between housing demand and supply continues to narrow.

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The report suggested consumer feelings remains neutral to housing prices.

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It noted the unemployment rate falls to 5.7 percent in July.

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The official interest rate cut to a record low of 1.5 percent in August.

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