Housing finance crashes deeper into abyss

Tuesday 12 March 2019

Today’s housing finance data for January from the ABS was another shocker, with both owner-occupied and investor commitments falling:

As shown above, total finance commitments (excluding refinancings) fell by 2.1% in January, with investor commitments diving 4.1% and owner-occupied commitments falling 1.3%.

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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.