February Highlights:

1. Perth, Adelaide, and Brisbane are experiencing faster value growth compared to Sydney and Melbourne.

2. Housing finance commitments data from the ABS suggests that value growth may soon stall.

3. The overall value of new housing loans has decreased, missing economists’ expectations for growth.

4. There is a correlation between mortgage finance commitments and dwelling values.

5. Record net overseas migration and a supply-constrained market are contributing to upward pressure on prices and rents in Australia.