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Mortgage Business
Home buying intentions shrank in December
By Malavika Santhebennur
20 January 2021
Plans to purchase a home declined in December 2020, while home loan application numbers also weakened compared with November, according to the CBA.
Data from the Commonwealth Bank Household Spending Intentions (HSI) series has revealed that spending intentions for home buying pulled back in December 2020 after jumping higher in November.
However, the trend was flat on the month.
Home loan applications also shrunk in December from a month earlier, although they were higher than the levels a year ago.
Commenting on the trends, Commonwealth Bank of Australia (CBA) senior economist Belinda Allen said: “We continue to expect the home buyingmarket to be a key source of support for the Australian economy ....

Malavika Santhebennur , Belinda Allen , Commonwealth Bank , Commonwealth Bank Household Spending Intentions , Money Management , மாலவிகா சந்தெபெண்னுர் , பெலிண்டா ஆலன் , காமன்வெல்த் வங்கி , காமன்வெல்த் வங்கி வீட்டு செலவு நோக்கங்கள் , பணம் மேலாண்மை ,