{"id":5384,"date":"2012-09-04T01:16:10","date_gmt":"2012-09-04T05:16:10","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=5384"},"modified":"2012-09-04T01:16:10","modified_gmt":"2012-09-04T05:16:10","slug":"australia-housing-market-weakens","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/04\/australia-housing-market-weakens\/","title":{"rendered":"Australia: Housing market weakens"},"content":{"rendered":"

Housing credit growth is at its lowest level in over 30 years: lower than the dip of the early 1980s and the crash of 1987. The current rate of growth is barely sufficient to match already depressed construction rates for new homes*. The decline should see a gradual softening of housing prices, accelerating if there are any further falls in housing credit growth.<\/p>\n

\"RBA<\/p>\n

*Housing finance, for both owner-occupied and investor housing, totaled $59.8 billion for the year ended June 2012 according to the RBA<\/a>, while residential construction — excluding land — was $44.2 billion according to ABS estimates<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Housing credit growth is at its lowest level in over 30 years: lower than the dip of the early 1980s and the crash of 1987. The current rate of growth is barely sufficient to match already depressed construction rates for new homes*. The decline should see a gradual softening of housing prices, accelerating if there … <\/p>\n

Continue reading “Australia: Housing market weakens”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,5],"tags":[881,1704,1741],"class_list":["post-5384","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-economy","tag-credit-growth","tag-home-prices","tag-housing-market"],"yoast_head":"\nAustralia: Housing market weakens - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australia: Housing market weakens - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Housing credit growth is at its lowest level in over 30 years: lower than the dip of the early 1980s and the crash of 1987. 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