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The Australian mortgage market rebounded further in January, 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 2.6% in January 2022 to be up 18.2% year-on-year:
Investor mortgage commitments grew by 6.1% in January, versus 1.0% for owner-occupiers.
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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.
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