Australian Housing finances falls in March

Pexels/Juhasz imre. australian home lending continued to weaken in April, driven lower by another drop in the value of investor loans. According to the Australian Bureau of Statistics (ABS), the value of housing finance fell 0.2% to $31.742 billion in seasonally adjusted terms, leaving the decline on a year earlier at 3.2%, slightly smaller than the 4.4% drop reported in the 12 months to March.

HOUSING finance australia march 2016 5609.0 For further information about these and related statistics, contact the National Information and. 0.7%) in March 2016. Falls were recorded in commitments for the construction of dwellings (down $15m, 0.8%) and commitments for the purchase of.

In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell to 17.4% in March 2018 from 17.9% in February 2018. Between February 2018 and March 2018, the average loan size for first home buyers rose $7,700 to $335,400.

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The Housing Industry Association recorded a 4.4 per cent fall in new home sales in May, following a 4.7 per cent decline in April while residential construction grew at its slowest pace pace since.

Monthly Housing & Economic Chart Pack, August 2018. Despite the slowing conditions all capital cities except for Sydney, Melbourne Perth and Darwin have recorded value rises over the year however, the decline in Sydney values is the largest since march 2009 and the fall in Melbourne is the greatest since November 2012.

SYDNEY–The number of Australian home-loan approvals fell by a seasonally adjusted 2.5% in March from February, the Bureau of Statistics said Monday. Economists had expected a 0.5% fall for the month.

The number of Australian home-loan approvals fell a seasonally adjusted 1.9% in April from March, the Bureau of Statistics said Friday.

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Australian housing values continued to weaken in September and are down 2.7 per cent since peaking this time last year. According to a new report from CoreLogic, Sydney and Melbourne are now the.

SYDNEY–Australian housing finance fell in April from March with the economy slowing ahead of a federal election in May, while falls in house prices. View on marketwatch.com Share