At the coalface
Filming a bit of content today down in Melbourne with the big fella Bryce Holdaway from Location Location and the famous Property Couch.
These guys have a mortgage broking arm at Empower Wealth, they run one of the most active property buying agencies, and they buy nationally.
I thought, therefore, it might be worth hearing about what's happening in terms of buyer sentiment, mortgage applications, and processing times:
Official statistics on housing credit are interesting, but they are lagging indicators and tend to reflect what has gone before, not what is coming.
I discussed the difference between lagging and leading indicators for the economy and markets here.
