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Is stabilising housing finance a turning point for house prices?

July 12, 2019 - 00:15 -- Admin

By Leith van Onselen Yesterday’s Lending to households and businesses release from the ABS revealed that total mortgage lending (excluding refinancings) stabilised in May, but 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 regular readers of

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