澳洲联邦银行（CBA）首席执行官Matt Comyn表示，他会建议自己的孩子在未来12个月内购买第一套房产[1]。Comyn认为当前形成了有利的购房时机，房价正在下跌、利率已见顶且即将下降[1]。具体来看，悉尼房价在过去一个季度内下跌4%，墨尔本下跌3.4%[1]。
不过，这一建议与CBA的市场现状形成对比。该行自5月以来房贷申请下降15%，其中投资者房贷申请下跌幅度更大，达28%[1]。Comyn预期下个月需求将开始稳定[1]。房贷业务的萎靡对银行的净息差和贷款增长造成负面影响，引发市场对该行高股价的质疑[1]。
在财务表现方面，CBA全年现金收益增长7%，派息高于预期[1]。然而，多家分析机构对其股票估值持谨慎态度。Jarden分析师Matthew Wilson给出12个月目标股价$90，而当前股价约$172[1]。Citi、UBS、Barrenjoey和高盛分别给出的目标价格为$135、$135、$120和$129[1]。
Commonwealth Bank Chief Executive Officer Matt Comyn has advised his own children to purchase their first property within the next 12 months, citing favorable market conditions including falling house prices and interest rates approaching their peak before declining.[1] Comyn's optimism stands in contrast to weakening demand across the banking sector, as mortgage applications at CBA have declined by 15 percent since May, with investor loan applications falling even more sharply at 28 percent.[1]
The residential property market has shown signs of softening, with Sydney house prices dropping 4 percent over the past quarter and Melbourne declining 3.4 percent.[1] Despite Comyn's positive outlook, with expectations that demand will begin to stabilize next month, the broader lending slowdown has raised questions about the sustainability of the bank's valuation.[1] CBA achieved 7 percent cash earnings growth for the full year and distributed a dividend that exceeded expectations, yet analysts remain cautious about the stock's future prospects.[1] Target prices from major investment banks vary significantly, with Jarden analysts suggesting a 12-month target of AUD 90 compared to the current price of approximately AUD 172, while Citi and UBS offer targets of AUD 135, Barrenjoey targets AUD 120, and Goldman Sachs targets AUD 129.[1]