NSW New Lending to Investors Has Accounted for More than Half of All New Lending for 42 Months in 4 Years

The Australian Bureau of Statistics (ABS) released lending finance data earlier today and when it is paired with the earlier housing finance data release, the figures provide insight into the value of mortgage lending over the month in each state and territory.  Over recent months investor demand for mortgages has been trending higher and this is being largely driven by resurgent investor demand in New South Wales and Victoria.  Of course the capital cities of these two states have…