Housing finance strengthened in March

Monday, 15 May 2017

Today’s housing finance data for March, released by the Australian Bureau of Statistics (ABS), posted increases in both investor finance and owner-occupied commitments.

According to the ABS, the total number of owner-occupier finance commitments (excluding refinancings) rose by a seasonally adjusted 0.4% over the month to be up 3.8% over the year:

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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.