The latest housing finance figures released today by the Australian Bureau of Statistics (ABS) confirm fewer first home owner occupiers in the market.
The Real Estate Institute of Australia (REIA) says the figures for August 2016 show, in trend terms that the number of owner-occupied finance commitments fell by 1.3 per cent – the eighth consecutive month of declines. If refinancing is excluded, in trend terms for August, the number of owner-occupied finance commitments decreased by 1.2 per cent – the tenth consecutive month of decreases.
REIA President, Neville Sanders said “decreases were recorded in all states except Tasmania where there was an increase of 1.0 per cent. The largest decrease of 2.1 was in the Australian Capital Territory.”
FOR FULL MEDIA RELEASE CLICK HERE
GROWTH IN HOUSING FINANCE APPROVALS RESUMES
2021 OFFERS UNIQUE OPPORTUNITY FOR LATE AUTUMN AND WINTER SALES
RENTS CONTINUE RECOVERY FROM COVID IMPACT
All-star line-up for REIA National Awards for Excellence 2021 to be held in the Top End
HOMES SHOULD BE AT THE HEART OF BUDGET 2021 AS AUSSIE JOBS COME BACK ONLINE
RAPID GROWTH IN HOUSING FINANCE APPROVALS SLOWING DOWN
AUSTRALIAN HOUSING PRICES SOAR BY 500% OVER PAST 25 YEARS
REIA News – March 2021