Sign in close
Create an Account
Shopping cart close
Uncategorised

Lending figures suggest heat coming out of housing market

10 July 2015

The latest housing finance figures released today by the Australian Bureau of Statistics (ABS) reflect flat lending activity for housing suggesting that the heat is coming out of the housing market.

The Real Estate Institute of Australia (REIA) says the figures for May 2015 show, in trend terms, that the number of owner-occupied finance commitments fell by 0.2 per cent. This fall follows nine consecutive months of increases through to March. If refinancing is excluded, in trend terms for May, the number of owner-occupied finance commitments fell by 0.9 per cent.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

Home
Blog
0 Cart
My account