Australia Home loans (December): -6.1% m/m (vs. expected -2.0%)

Author: Eamonn Sheridan | Category: News

Housing finance data to finalise the numbers for a less than stellar year for the sector

Home loans-6.1 % m/m, a big miss but the data has been weak for months and months so not a big shock 
  • expected -2.0%, prior -0.9%  
Investment lending % m/m
  • prior -4.5%

Owner occupied lending -5.3 % m/m ….. ugly indeed
  •  -1.4%

For background:
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