• Following a month-on-month deterioration in October 2023, thenumber of auto loan accounts in arrears recommenced a generalupward trend that has emerged since the pandemic. As at October2023, auto loan accounts in arrears are 251% higher than October 2019 (i.e.,the pre-pandemic equivalent). Year-over-year, the number of accounts inarrears are 35.0% higher than October 2022.
• Following a month-on-month deterioration in October 2023, thenumber of auto loan accounts in arrears recommenced a generalupward trend that has emerged since the pandemic. As at October2023, auto loan accounts in arrears are 251% higher than October 2019 (i.e.,the pre-pandemic equivalent). Year-over-year, the number of accounts inarrears are 35.0% higher than October 2022.
hope tra not affected too much
equifax data dec update
Increase off record lows? Or now at record highs? These percentages are meaningless unless some more context is provided around where the arrears sit in the long term avg
Increase off record lows? Or now at record highs? These percentages are meaningless unless some more context is provided around where the arrears sit in the long term avg
Month-over-month for October 2023, the number of auto loan accounts inarrears have increased by +11.2%. A significant increase in the number ofaccounts in early stage arrears (1-29 DPD) was observed, up +25.1% monthover-month, somewhat offset by a -9.2% reduction in 30-59DPD arrears.
just a reflection of the cost of living crisis underway. so i guess its up on the base level which existed before the crisis satrted
Still single buyers at the close in the low $4.50's despite an absence of depth support under that figure. Takes time after the Index inclusion flurry for market pricing to rebalance.
"Patience" is the word just now for former holders like me desiring to reenter.
Still single buyers at the close in the low $4.50's despite an absence of depth support under that figure. Takes time after the Index inclusion flurry for market pricing to rebalance.
"Patience" is the word just now for former holders like me desiring to reenter.
i have witnessed that buyer come in at the end of each day to push price up on close too.
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