The June 2018 housing finance figures released today by the Australian Bureau of Statistics show that the number of loans for housing continue to decline, according to the Real Estate Institute of Australia (REIA).
“Overall the figures for June 2018 show, in trend terms that the number of owner-occupied finance commitments decreased by 0.5 per cent –the ninth consecutive month of decreases. If refinancing is excluded, in trend terms, the number of owner-occupied finance commitments decreased by 0.2 per cent –the tenth consecutive month since an increase,” REIA President Malcolm Gunning said.
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