Australian data due today - preview of housing finance
I posted a preview (via Westpac) earlier, with background etc, here: Australian data the focus on the eco calendar today - preview of housing finance
Another preview, this time via ANZ:
- ANZ believe the number of housing finance commitments nudged marginally higher in August. The past three months have seen the strongest run since early 2015 and this is unlikely to persist in the latter part of the year, given the cooling market.
- However, we may see further growth in the first home buyer segment as stamp duty incentives bring forward purchases.