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 – March – April 2020
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