Mortgage issuance rockets to new high in April

Friday, 4 June 2021

The Australian mortgage market remained red hot in April, hitting new all-time highs according to new data released today by the Australian Bureau of Statistics (ABS).

The total value of new mortgage commitments rose by a seasonally adjusted 3.7% in April 2021 to be up 68.2% year-on-year:

A fresh record high in new mortgage commitments.

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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.