The latest housing finance figures released today by the Australian Bureau of Statistics (ABS) confirm that finance approvals for investor housing is moderating, according to the Real Estate Institute of Australia (REIA).
“The value of investment housing commitments increased by a modest 0.7 per cent in February in trend terms and decreased by 5.9 per cent in seasonally adjusted terms. This is down from its 2015 peak”, REIA President Malcolm Gunning said.
Auctioneers ready for annual show down
June quarter stats see bottom of the market: REIA
Rental affordability hits 11 year high: report
REIA News – August 2019
Housing finance figures show green shoots
REIA News – July 2019
Housing Finance numbers show cautious optimism
REIA says rate cut to help affordability for home buyers