Latest / Aussie Real Estate Podcast
Australia Housing Market Stability: Low Mortgage Arrears and Minimal Negative Equity Explained
We talk to Asti Mardiasmo, the National Research Manager at PRD about Australia’s property market remaining resilient, with fewer than one percent of households in negative equity and mortgage arrears below 1.5%. These indicators highlight strong household balance sheets despite higher interest rates. This analysis explains what low arrears and stable equity levels mean.
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The skinny
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