Blogotariat

Oz Blog News Commentary

Investors retreat from Sydney and Melbourne housing bubbles

June 13, 2018 - 00:12 -- Admin

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.

[[ This is a content summary only. Visit my website for full links, other content, and more! ]]