- Investors are clearly the dominant players in the domestic housing market with first home buyers (FHB) comprising just 14.7% of new loan commitments as at July 2013.
- Investors are acquiring more dwellings with larger loans, which is a likely result of the dramatic increase of SMSFs over the last decade.
Indices:
The
Australian All Ordinaries Index has moved down decreasing by -2.3%
since closing last Friday to 1:40 pm today.
The
rest of the world as measured by the MSCI index increased +1.3%
in A$ from closing last Friday to end of trade Thursday.
Have
a great weekend,
The team at IPS
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