Australian Housing finances falls in March

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 Share

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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.

Housing finance falls in February – ABS. AUSTRALIAN housing finance commitments for owner-occupied housing fell 1.8 per cent in February, seasonally adjusted, to 50,287, the Australian Bureau of Statistics said today. Economists had expected the number of owner-occupier housing finance commitments to have fallen by 1 per cent in February. In.

The Australian Housing and Urban Research Institute (AHURI) is a national independent research network that investigates issues around Australian housing, home ownership, housing affordability, private rental, public housing, community housing, indigenous housing, homelessness, social wellbeing, urban development, economic modelling and other urban planning.

Australian housing values fell for the fifth straight month, as the crackdown on interest-only lending continues to quell housing demand. Corelogic said the 0.1 per cent decline in national dwelling values in February 2018 was more moderate than the 0.3 per cent declines recorded over each of the.

Confidence in current financial conditions, as compared to a year ago, and sentiment towards finances in a year’s time. as a weight on consumer confidence. The Australian economy grew 0.4 per cent.

A spokesperson from peak housing. Finance Analytics (DFA). Its survey data shows a record number of Australian households – more than a million, which is one-third of all home owners with a loan -.

Housing finance falls as property speculators retreat. Fresh lending to housing investors in Australia slumped to a five-year low in March, fanning fears of a widening credit crunch that could drive house prices down, and slow the economy. Government data showed new lending in dollar terms directed to property speculators slid 9.0 per cent on.

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Housing price declines in Sydney and Melbourne have been large. Nationally, housing prices have fallen by 7 per cent over the year to March. Sydney and Melbourne account for almost 40 per cent of the australian housing stock and have recorded large price falls since late 2017 (Graph 2.1).

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