Tuesday, June 11, 2013

How to interpret housing finance data?

Almost simultaneous tweets today on housing finance data from Fairfax Business Day (SMG/Age) and Andrew Wilson from Fairfax owned Australian Property Monitors:

Business Day@BusinessDay                6m        Markets Live: #AUD slides to a 32-month low on weak housing finance data ...
Andrew Wilson@DocAndrewWilson                6m        Unsurprisingly strong April home loan data from the ABS confirms rising activity in housing markets as indicated by auction clearance rates

Toss a coin or choose whichever fits your bias or preconception?

1 comment:

  1. Waiting for the gods to provide loans something easy; and the prudent man, conscious of the possession of loose change,