Housing finance figures show green shoots

August 7th,2019

The June 2019 Lending to Households and Business Figures released today by the Australian Bureau of Statistics show rises in new lending commitments for both owner occupier and investor dwellings for the first time in over a year, according to the Real Estate Institute of Australia.

REIA President Adrian Kelly said overall the figures for June 2019 show, in seasonally adjusted terms, that the number of owner occupied finance commitments excluding refinancing increased by 0.4 per cent.

 

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