The Queensland Government has released data on housing transfers and mortgage lodgements for the month of July.
According to the Government, the number of housing transfers fell by 4.4% in July, whereas the number of mortgage lodgements fell by 1.1% over the month. On a year-on-year basis, transfers fell by 4.1% in July, whereas mortgage transfers fell by 6% (see next chart).
You can see from the next chart that Queensland transfers and mortgage lodgements have been in an up-trend since late-2011, but took a breather in July. They also remain depressed overall, still tracking 25% (transfers) and 27% (mortgages) respectively below the 13-year average in the year to July 2013 and are at similar levels to the year 2000.
So it appears that the housing recovery underway in Queensland remains tepid.
