Cameron Kusher is Head of Research at CoreLogic, specialising in primary and secondary data analysis, property market commentary and consultancy. Cameron has a thorough understanding of the fundamentals such as demographics, trends, economics and spacial analysis and is a regular keynote speaker for property-related groups, regulated industry bodies, corporations and the government sectors.
ABS housing finance data for December 2016 shows demand for mortgage finance continues to increase, reflecting of the ongoing growth in home values, says Cameron Kusher of CoreLogic.
Over the five years to December 2016, the number of suburbs nationally with a median value of at least $1 million has increased by 176%.
Though dwelling approvals fell in August, they remain at very high levels.
The rate of population growth in Victoria is significantly higher than in all other states and territories.
The latest Australian Bureau of Statistics data shows the total value of mortgage lending in July 2016 was $31.8 billion, or 1.8% lower than mortgage lending in June 2016, and down 4.1% from the peak of $33.2 billion recorded in April 2015.
Property listing numbers will have a significant influence on the strength of the property market this spring, says Cameron Kusher of CoreLogic.