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:
REIA News – September 2020
DIGITAL BUSINESS TO BENEFIT ALL REAL ESTATE STAKEHOLDERS
REIA WELCOMES THE REOPENING OF AUSTRALIA’S SECOND-LARGEST PROPERTY MARKET
Federal announcement of consumer credit reforms a positive for house listings Australia wide
REIA urges Victorian Government to safely restart Australia’s second biggest property market
Pandemic makes moderate impact on property: June Real Estate Market Facts
July Housing Finance Continues COVID Rollercoaster
Response to Tasmanian Government’s moratorium decision