Understanding the Implications of Australian Housing Finance Figures for January
Thursday, 7 March 2024, 00:31
January Australian Housing Finance Data
The home loans figure in the screenshot is for owner-occupied housing.
Key Points:
- Prior: -5.6%
- Overall Result for January: -3.9% m/m
- Expected: +2%
One of the outcomes of increased interest rates is a sluggish property sector with a decline in loan approvals.
AUD little changed.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.