Home loan commitments remain strong despite February fall: Australia
6.936 The number of owner occupier first home buyer loan commitments fell 3.3 per cent to 16,117 in February 2021 (seasonally adjusted). This is the first fall since May 2020, however, commitments remained at historically elevated levels. Compared to February 2020, the number of owner occupier first home buyer loan commitments rose by 65.8 per cent. A 4.9 per cent fall in New South Wales and a 2.8 per cent fall in Queensland drove the fall in owner occupier housing loan commitments nationally. All other states with the exception of the Australian Capital Territory rose, with commitments in Vi...