The Australian mortgage market has continued its record run, according to new data released today by the Australian Bureau of Statistics (ABS).
Total mortgage commitments (excluding refinancings) rose another 10.5% in January to be up a whopping 44.3% year-on-year.
This growth was driven by owner-occupiers, where mortgage commitments rose by 10.9% over the month to be up 52.3% year-on-year.
