The latest housing finance figures released today by the Australian Bureau of Statistics (ABS) confirm a stable housing market.
The Real Estate Institute of Australia (REIA) says the figures for February 2016 show, in trend terms that the number of owner-occupied finance commitments was unchanged. This follows seventeen months of increases. If refinancing is excluded, in trend terms for February, the number of owner-occupied finance commitments decreased by 0.4 per cent – the third consecutive month of decreases.
REIA President, Neville Sanders said “decreases were recorded in all states except Queensland and Tasmania with Queensland having the largest increase of 0.7 per cent. The largest decrease of 2.0 per cent was in the Northern Territory.”
GROWTH IN HOUSING FINANCE APPROVALS RESUMES
2021 OFFERS UNIQUE OPPORTUNITY FOR LATE AUTUMN AND WINTER SALES
RENTS CONTINUE RECOVERY FROM COVID IMPACT
All-star line-up for REIA National Awards for Excellence 2021 to be held in the Top End
HOMES SHOULD BE AT THE HEART OF BUDGET 2021 AS AUSSIE JOBS COME BACK ONLINE
RAPID GROWTH IN HOUSING FINANCE APPROVALS SLOWING DOWN
AUSTRALIAN HOUSING PRICES SOAR BY 500% OVER PAST 25 YEARS