The Daily Reckoning Australia
 
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Dear Reader,

Despite what the mainstream media claims, the Aussie housing market is just fine right now.

90-day arrears — a key indicator of stress in the housing market — are lower now than the past four years.

Plus, credit is growing…population growth is returning…and future housing supply is falling.

That puts this housing-related ASX stock in a great position.

That’s because it currently handles 10% of all mortgages in Australia.

And with the RBA forecasting a 3–5% credit growth in the coming months, this could reflect in stronger future earnings for the firm.

Best of all, this stock is currently trading at a 40% discount.

It’s just one of five ‘bargain buys’ I’m currently recommending my readers to grab ASAP while they’re still down.

Read about them here.

Best wishes,

Callum Newman Signature

Callum Newman,
Editor, Australian Small-Cap Investigator

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