New Home Loan Approvals Falling: Implications for the Housing Market | Property Insiders

According to recent data released by the Australian Bureau of Statistics, new home loan commitments in Australia experienced a slight decline.

Are potential home buyers and property investors just taking a breather or should we read more into this data?

That’s one of the questions I ask Dr Andrew Wilson, chief economist of My Housing Market, in this week's Property Insiders chat.

06:10 - Gap between first-time buyers and investors
15:22 - Impact of rising house building costs
19:25 - Market distractions: Winter, school holidays
21:32 - The latest auction market results and clearance rates around Australia
26:43 - Auction sales surge in 2024

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You can also read the full article on Property Update: https://propertyupdate.com.au/propert...

If you're looking for Direction, Certainty, and Wealth Producing Results in property and wealth creation why not get my team at Metropole to discuss your options: https://metropole.com.au/enquiry/

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