Continued Improvement in Housing Finance

March 24th,2014

The Real Estate Institute of Australia (REIA) says the latest housing figures released by the Australian Bureau of Statistics (ABS) show that, except for first home buyers, there is a developing trend of increasing housing finance commitments.

Housing finance figures for April 2013 show, in trend terms, that the number of owner-occupied finance commitments rose by 1.4 per cent – on top of the 1.4 per cent total increase for the first three months of 2013.