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Australian housing finance data for December 2022, lower across the board

Australian housing finance data for December 2022, lower across the board

After a series of Reserve Bank of Australia rate hikes its hardly a surprise that home loans are adjusting lower.

housing loans -4.3% m/m (expected -3.0% prior -4.2%)

  • y/y is -29.3%

loans to owner occup[ires -4.2% m/m (expected -2.8%, prior -3.8%)

  • y/y is -29.8%

loans to investors -4.4% m/m (prior -3.6%)

  • y/y is -28.3%

Lending is still well above pre-pandemic levels:

This article was written by Eamon... Read More
Posted: Feb 3 2023, 00:48
Author Name: forexlive
Views: 111632

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