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…
-
General22 hours agoOf saints and sinners | The Spectator Australia
-
General22 hours agoWhy the nation needs the Nationals to ditch Net Zero
-
General22 hours agoChina and Philippines trade blame over latest South China Sea clash
-
General22 hours agoSmall plane crashes into San Diego neighbourhood, setting homes and vehicles on fire