The latest housing finance figures released today by the Australian Bureau of Statistics (ABS) confirm the actions by the regulators and banks to dampen investor demand for property is working, according to the Real Estate Institute of Australia (REIA).
“The value of investment housing commitments decreased by 1.0 per cent in April in trend terms. This is down 2.3 per cent from a year ago, in seasonally adjuster terms, and is well down from its 2015 peak,” Mr Malcolm Gunning, President of the REIA said.
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RENTS RECORD FIRST ANNUAL FALL
REIA PRESIDENT CALLS ON THE REAL ESTATE INDUSTRY TO REMAIN VIGILANT AS STATE BORDERS REOPEN
MORTGAGE REPAYMENT RESUMPTION PROMISING SIGN FOR PROPERTY MARKET
BUDGET 2020: ADDRESS ON THE AUSTRALIAN HOUSING & PROPERTY SECTOR BY MINISTER THE HON MICHAEL SUKKAR TO THE REAL ESTATE INSTITUTE OF AUSTRALIA
AUGUST HOUSING FINANCE SHOW LARGEST EVER MONTHLY INCREASE, IMPACTS FROM VICTORIA’S STAGE 4 YET TO BE SEEN
BUDGET 2020: A STRONG BUDGET IF FORECASTS BECOME REALITY
REIA QUESTIONS FOCUS OF 10,000 NEW PLACES FOR FIRST HOME BUYERS
REIA News – September 2020