Mortgage Demand In A Clear Downturn In NSW And To A Lesser Degree In Vic

With the latest release of lending finance data from the Australian Bureau of Statistics, we can now analyse the value of mortgage lending across each of the states and territories up until March 2018.  Housing finance data pointed to a slowing of demand with falls over the month in both investment and owner occupier demand.  It is important to note that the headline housing finance data is seasonally adjusted whereas this data is not.  The charts shown include monthly data and a six…