By Leith van Onselen Australia’s speculator frenzy continues to retreat, according to yesterday’s Lending Finance data for April, released by the ABS. As shown below, the annual value of investor loans in New South Wales (read Sydney) is falling fast, whereas Victoria (read Melbourne) is also moderating. Investor loans in the other major jurisdictions are either
The post Investors retreat from Sydney and Melbourne housing bubbles appeared first on MacroBusiness.
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