Housing loans are at record levels and are up over 30% since this time last year.
Let’s look at some lenders predictions for 2021.
Mortgage Arrears Surge has surged by 15% during the last month.
We are apparently only months away from the beginning of years of oversupply in our housing market. I wonder when will we start hearing calls for increased population growth to help prop up this sector?
Housing Affordability worsens as demand for cheaper housing is inflating prices.