The November 2018 housing finance figures released today by the Australian Bureau of Statistics show that the number of loans for housing continues to decline, according to the Real Estate Institute of Australia (REIA).
“Overall the figures for November 2018 show, in trend terms that the number of owner-occupied finance commitments decreased by 0.2 per cent –the fourteenth consecutive month of decreases. If refinancing is excluded, in trend terms, the number of owner-occupied finance commitments decreased by 0.2 per cent –also the fourteenth consecutive month of decreases and the lowest since October 2014,” REIA President Adrian Kelly said.
Download the full media release here:
Real Estate Institute launches Federal Election campaign
REIA News – March – April 2019
Housing Finance numbers continue dive: REIA
Budget highlights importance of property to a healthy economy: REIA
REIA responds to oppositions start date for negative gearing and capital gains tax changes
Winners of the REIA National Awards for Excellence 2019 announced
REIA welcomes SQM Labor Negative Gearing research report
Hobart, Adelaide resist downward property price trend: REIA