Finance commitments portend more housing weakness

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By Leith van Onselen

With the release yesterday of the ABS lending finance data for February, it’s an opportune time to once again chart how capital city house prices are tracking against housing finance.

As readers no doubt already know, housing finance has historically been strongly correlated with values, so any shift in finance can potentially signal a change in trajectory for price growth.

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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.