New loan commitments for housing drop 5.3%: ABS
The latest ABS lending indicators data has revealed a further decrease in the value of new loan commitments for January 2023. According to the Australian Bureau of Statistics (ABS) lending indicators
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The latest ABS lending indicators data has revealed a further decrease in the value of new loan commitments for January 2023. According to the Australian Bureau of Statistics (ABS) lending indicators
The Australian Bureau of Statistics’ January report on monthly building approvals indicates that building approvals are at their lowest level in a decade.
The new home market is slowing and builders across the country are trying to hold on amid rising prices and labour shortages, but not all will make it.
Housing hurdles have been highlighted in Business NSW’s pre-election push for ‘doubled’ skilled migration intake. . . . more to come [Related: HIA calls for tax reforms on housi
Even with land prices affordability growing slightly, HIA-Corelogic’s latest Residential Land Report for the penultimate quarter of 2022 revealed sales hit record lows.