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Investment Loans - MFAA
22 September 08Investment Housing - Total
Source: ABS Cat No. 5609.0
The value of investment housing loan commitments ($5.701billion, seasonally adjusted) rose 2.3% on June. The drivers of this result were a rise in the construction of dwellings for rent or resale (+28.2%), a fall in the purchase by individuals of dwellings for rent or resale (-2.8%) but an increase by others (+12.4%).The total value of housing finance commitments ($18.175b) rose by 0.6% on June.