The May 2021 Lending to Households and Business figures released today by the Australian Bureau of Statistics show that the value of new loan commitments for housing increased again with investors back in force.
Real Estate Institute of Australia (REIA) President, Adrian Kelly said the statistics show that new housing loan commitments rose 4.9 per cent in May 2021 (seasonally adjusted) to a new high of $32.6 billion, driven by investor housing loan commitments.