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, Editor, Australian Small-Cap Investigator |