• Australian home loans rose 1% in May, less than expected

Noticias del mercado

11 julio 2017

Australian home loans rose 1% in May, less than expected

The trend estimate for the total value of dwelling finance commitments excluding alterations and additions fell 0.3%. Owner occupied housing commitments rose 0.4%, while investment housing commitments fell 1.5%.

In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions rose 1.3%.

In trend terms, the number of commitments for owner occupied housing finance fell 0.4% in May 2017.

In trend terms, while the number of commitments for the construction of dwellings rose 1.0% and the number of commitments for the purchase of new dwellings rose 0.4%, the number of commitments for the purchase of established dwellings fell 0.6%.

In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments rose to 14.0% in May 2017 from 13.8% in April 2017.

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