The value of loans for housing continues to be positive with the increase being driven by owner occupiers, according to the Real Estate Institute of Australia (REIA).
These figures were revealed by the December 2019 Lending to Households and Business figures released today by the Australian Bureau of Statistics.
“Overall the figures for December 2019 show, in seasonally adjusted terms, that the value of owner-occupied finance commitments, excluding refinancing, increased by 5.1 per cent for the month and 17.9 per cent for the past year. The value increased in all states and territories except Tasmania” said Mr Adrian Kelly, President of the REIA.
Download the full media release here:
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