property prices: The per capita fall follows a 10,198 drop in the December quarter and a 2,264 fall in the three months to September 2018, according to The Guardian. The decline in property prices also pushed the ratio of Australians' mortgage debt to real estate assets from 28.1% to 29.0%, matching the all-time peak reached in July 2013. But Thursday's data from the Australian Bureau of Statistics revealed a fifth consecutive quarter of residential real estate losses, which was the main factor behind a decline in household wealth per person by 1,500 to 404,566. Sign up to receive the top stories from Guardian Australia every morning A resurgent share market helped household wealth edge higher during the March quarter, lifting 0.2% to 10.24tn. The benchmark S&P/ASX200 index rose 9.46% in the three months to March, having dipped by 9.04% in the December quarter. That follows a 2.1% dip the previous quarter, with superannuation reserves the primary beneficiary of a 147.8bn rebound in company shares.
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