Business
Mortgage growth points to stronger property market – MacroBusiness
Friday’s housing finance data from the Australian Bureau of Statistics (ABS) points to a rebound in Australian property price growth. This data showed a dramati…
Friday’s housing finance data from the Australian Bureau of Statistics (ABS) points to a rebound in Australian property price growth.
This data showed a dramatic 12.6% lift in mortgage finance commitments (excluding refinancings) in August, with owner-occupied mortgages surging 13.6% and investor mortgages rising 9.3%:
As regular readers know, mortgage growth is one of the best indicators for property price growth having displayed a very strong historical correlation.
Below are charts plottin…
-
Noosa News23 hours agoBusiness expo sparks inspiration and connection
-
Noosa News23 hours agoSee inside the hidden suburbs where Queensland investors really live
-
Business22 hours agoWhy it’s time to buy Domino’s, Flight Centre, and WiseTech shares
-
Noosa News22 hours agoThe best new books released in August, from Toni Jordan, Rhett Davis and more