Despite the continued media reports of a housing boom in Melbourne and Sydney, the latest housing finance figures released today by the Australian Bureau of Statistics (ABS) reflect moderating activity in the housing market.
The Real Estate Institute of Australia (REIA) says the figures for September 2014 show, in trend terms, that the number of owner-occupied finance commitments fell by 0.2 per cent. This is the fourth consecutive month of falls. If refinancing is excluded, in trend terms for September, the number of owner-occupied finance commitments fell by 0.4 per cent.
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