Investor mortgage demand soars to new heights (members)

Friday 11 July 2014

The Australian Bureau of Statistics (ABS) has released housing finance data for the month of May, which registered no seasonally-adjusted change in the number of owner-occupied finance commitments over the month:

The result beat analysts’ expectations, who had expected a 0.5% fall in finance commitments in May.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.