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New home finance also tanking

June 12, 2018 - 14:00 -- Admin

By Leith van Onselen Today’s housing finance data for April posted another 1.4% fall in the number of new home finance commitments (both construction and new), with commitments also down by 11.8% since the July 2017 peak: Nevertheless, the annual number of new home commitments is still running near the highest levels since the mid-1990s:

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