How the Home Buyers Index can help you
The Home Buyers Index (HBI) gives you valuable insights into how property market conditions across Australia are suited to buyers or sellers. It can help you determine when - and where - to start looking to buy a new home or investment property, enabling you to stay one step ahead of the game.
It gives you access to expert commentary on each state/territory, capital city and region and an overview of the national housing market.
Here’s how the Home Buyers Index works:
- It compares the number of properties advertised for sale with the number of housing loans being taken out by CommBank customers.
- If the number of properties for sale outweighs the number of mortgage commitments (adjusted for market share), it’s a buyer’s market.
- If home loans outnumber the amount of homes available for sale, market conditions generally favour the seller.
The HBI Report is © 2015 CoreLogic, Local, State, and Commonwealth Governments. All rights reserved. The information provided in the HBI Report is current as at the publication date and is made available for providing general information only – it is not intended as advice or a professional property appraisal and should not be relied upon as such. The information provided has not been prepared by taking into account your investment objectives, financial situation or personal needs. You should make your own inquiries and if necessary take independent financial advice tailored to your specific circumstances before making any investment decisions. All other information and material on this website is © 2015 Copyright Commonwealth Bank of Australia and/or its licensors.