Properties Mortgaged Is Climbing However, Values Are Increasing Faster than Outstanding Debt

Earlier this week the Australian Bureau of Statistics (ABS) released its residential property prices indexes for the March 2017 quarter.  A valuable data set from the release relates to the value of dwelling stock and the number of residential dwellings.  Both of which have increased over the quarter.  When this data is paired with data from the Australian Prudential Regulation Authority (APRA) and dwelling sales data there are some very valuable insights available into the housing…