Today’s housing finance data for June, released by the Australian Bureau of Statistics (ABS), posted a large rise in owner-occupied lending (including a big jump in first-home buyer mortgage demand), but also a large fall in investor finance.
According to the ABS, the total number of owner-occupier finance commitments (excluding refinancings) rose by a seasonally adjusted 4.5% over the month to be up 14.8% over the year:
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