The CBA result painted a different picture on negative equity. While most credit quality metrics looked good I was confused by an increase in loans in negative equity.
Balances in negative equity doubled in a year from 0.5% to 1.1%. This looks very strange in a time that property prices went up during the year.. Maybe there was some commentary that explains this but I thought this would only happen when property prices are decreasing.
Propriety prices reclaim all declines, page-23
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Last
$3.93 |
Change
0.000(0.00%) |
Mkt cap ! $1.144B | |||
| Open | High | Low | Value | Volume |
| $3.85 | $3.93 | $3.82 | $3.763M | 969.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6290 | $3.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.93 | 51175 | 5 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| HLI (ASX) Chart |