Real Estate Institute of Australia (REIA) President, Ms Pamela Bennett says the housing figures released today by the Australian Bureau of Statistics (ABS) show there’s been a modest response to the interest rate cuts of May and June.
Housing finance figures for September 2012 show, in trend terms, that the number of finance commitments has increased by a very modest 0.5 per cent, following the 0.6 per cent increase in August.
