A significant result from yesterday's Housing Finance release suggested that both owner-occupier and investment loan activity was surging well before...
A significant result from yesterday's Housing Finance release suggested that both owner-occupier and investment loan activity was surging well before February's interest rate cut. While there was further positive data suggesting that the resi construction boom remains on track to continue through until 2016, it was the volume of loans written in December which really grabbed the attention. In particular investment loans are rising at a searing pace, on a rolling annual basis up 24.6% y/y, which will raise further interest from he market regulator APRA. I took a detailed look at the figures at a national and state level here. (VIEW LINK)
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Co-founder of AllenWargent Property Buyers - "the better way to buy property".
Veteran property market analyst & investor.
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