The September 2020 Lending to Households and Business figures released today by the Australian Bureau of Statistics show that the value of new loan commitments for housing grew for the fourth second consecutive month, according to the Real Estate Institute of Australia (REIA).
“The seasonally adjusted value of new loan commitments for owner-occupied housing rose 5.9 per cent in September and 25.5 per cent for the year, with the rise seen in all states and territories, except Victoria and the Northern Territory," said Adrian Kelly, President of the Real Estate Institute of Australia.
Download the full media release here:
REIA News – November 2020
REIA SEEKS NEW FOREIGN INVESTMENT FEE STRUCTURE FOR RESIDENTIAL PROPERTY SECTOR
REDUCTION IN LOAN DEFERRALS DEFIES DOOM AND GLOOM FORECAST: REIA
NSW BUDGET SHOWS IT IS TIME TO GET SERIOUS ABOUT STAMP DUTY: REIA
RBA IMPROVES HOUSING AFFORDABILITY IF BANKS PASS ON CUT
REIA News – October 2020
RENTS RECORD FIRST ANNUAL FALL
REIA PRESIDENT CALLS ON THE REAL ESTATE INDUSTRY TO REMAIN VIGILANT AS STATE BORDERS REOPEN