The value of new housing loan commitments by lenders continues to increase, driven by owner-occupiers, according to the Real Estate Institute of Australia (REIA), as shown by the latest figures from the November 2019 Lending to Households and Business figures, released today by the Australian Bureau of Statistics (ABS).
“In seasonally adjusted terms, the value of owner-occupied finance commitments, excluding refinancing, increased by 1.8 per cent for the month and 5.9 per cent for the past year,” said Mr Adrian Kelly, President of the REIA.
Download the full media release here:
CAUTION FOR BUILDING STIMULUS PACKAGE
DOOMSDAY HOUSING PRICE FORECASTS HIGHLY QUESTIONABLE
REIA News – May 2020
March Housing Finance Numbers a High Tide Mark
REIA BACKS FEDERAL GOVERNMENT’S TRACING APP
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