The December 2018 housing finance figures released by the Australian Bureau of Statistics show the number of loans for housing continues to decline, according to the Real Estate Institute of Australia (REIA).
“Overall the figures for December 2018 show, in trend terms the number of owner-occupied finance commitments decreased by 0.1 per cent – the fifteenth consecutive month of decreases. If refinancing is excluded, in trend terms, the number of owner-occupied finance commitments decreased by 1.2 per cent –also the fifteenth consecutive month of decreases and the lowest since April 2013,” REIA President Adrian Kelly said.
Download the full media release here:
Housing Finance numbers show cautious optimism
REIA says rate cut to help affordability for home buyers
Leanne Pilkington recognised as best of the best
REIA News – June 2019
Research shows March housing decline, market to stabilise: REIA
Housing affordability improves while rental affordability declines: report
Rate cut will help affordability: REIA
Real Estate Institute of Australia welcome’s PM’s Ministerial appointments