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Housing finance crash signals more house price falls

May 15, 2019 - 00:09 -- Admin

By Leith van Onselen Monday’s Lending to households and businesses release from the ABS revealed that total mortgage lending (excluding refinancings) fell sharply in March, and have tanked by 19% over the year in trend terms, driven by an epic 27% crash in investor commitments, whereas owner-occupied commitments also fell by 16%: As shown above,

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