Housing finance data from Australia for April 2018
Home loans -1.4% m/m
- expected -1.8%, prior was -2.2%
Investment lending -0.9% m/m
- prior was -9.0%
Owner-occupied loan value +0.2% m/m
- prior was -1.9%
Tighter lending standards has been a discouragement to speculative activity in the housing markets - price gains have given way to falls - still small at this stage.
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For background to this:
