The latest housing finance figures released today by the Australian Bureau of Statistics (ABS) reflect flat lending activity for housing suggesting that the heat is coming out of the housing market.
The Real Estate Institute of Australia (REIA) says the figures for May 2015 show, in trend terms, that the number of owner-occupied finance commitments fell by 0.2 per cent. This fall follows nine consecutive months of increases through to March. If refinancing is excluded, in trend terms for May, the number of owner-occupied finance commitments fell by 0.9 per cent.
REIA News – June 2018
Real Estate Industry on Pathway to Professionalism
Australian Capital Cities Median House Price Falls: REIA
Housing Affordability Improves Across Australia: Report
REIA News – May 2018
Six Month Decline in Housing Finance Numbers
Budget benign for housing: REIA
CPI figures suggest interest rates to remain steady: REIA
