The latest housing finance figures released today by the Australian Bureau of Statistics (ABS) reflect stable lending activity.
The Real Estate Institute of Australia (REIA) says the figures for August 2015 show, in trend terms, that the number of owner-occupied finance commitments increased by 0.5 per cent. This increase is slightly down on the increase of the previous month of 0.6 per cent. If refinancing is excluded, in trend terms for August, the number of owner-occupied finance commitments increased by 1.0 per cent.
REIA President, Neville Sanders says, “increases were recorded in New South Wales, Victoria, South Australia and Tasmania with New South Wales having the largest increase 1.6 per cent. The largest decrease was recorded in the Northern Territory – down 3.7 per cent.” Read media release here
STATES AND TERRITORIES TO ORGANISE RENTERS AND TENANTS
FAIR WORK COMMISSION ASKED TO VARY AWARD TO KEEP REAL ESTATE AGENTS EMPLOYED
REIA PRESIDENT SLAMS LABOR PARTY COMMENTS
MORATORIUM ON RENTS IS NOT A FREE RIDE
A MESSAGE FROM REIA PRESIDENT ADRIAN KELLY REGARDING TENANTS AND THEIR RENT PAYMENTS
REIA RESPONSE TO WAGES SUBSIDIES
RESPONSE TO PRIME MINISTER’S ADDRESS ON TENANCY
RENTS AND THE IMPACT ON PROPERTY MANAGEMENT