The ABS October Lending and Business Figures have today revealed the value of new loan commitments for housing grew for the fifth consecutive month and the value of owner occupier home loan commitments have reached record highs.
Real Estate Institute of Australia (REIA) President, Adrian Kelly said the sustained recovery in lending is encouraging and can be expected to be a major contributor to GDP in the December quarter for investors, owner occupiers and first home buyers.
Download the full media release here:
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