New Housing Loans Surge By 3.9% To AU$30.6 Billion, Driven By Investor Demand

New Housing Loans Surge By 3.9% To AU.6 Billion, Driven By Investor Demand

The Australian Bureau of Statistics has reported a significant swell in the total value of new housing loans by 3.9% to AU$30.6 billion in the last one year. Based on the latest figures from July, while the new loans for investors rose by 5.4% to AU$11.7 billion, which was 35.4% more than in July 2023, … Read more