Investor lending hit a new high of $10.1 billion in November, latest data from the Australian Bureau of Statistics shows, up 3.8 per cent over the month. First-home buyer activity increased 1.9 per cent, breaking a downward trend since January 2021.Brent Lewin/Bloomberg
BIS Oxford Economics senior economist Maree Kilroy said the jump in lending was due to pent-up demand from lockdowns in NSW and Victoria, though she did not think the rise would continue this year.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Property investors, first-home buyers jumped back into the market pre-OmicronProperty investors jumped back into the housing market at record levels in November ahead of the Omicron outbreak and first-home buyer loans increased for the first time in months. JennieDuke And only last week there were stories about the decline in the property market JennieDuke Australia is heading down the path of Financial Collapse Morrison Governments spending and borrowing knows no bounds Preparing Australia's future as a Republic Being spent on Nuclear Subs, Space Station More Hornet Fighters, Tanks, Helicopters A $39 Billion Ice Breaker Etc JennieDuke Posit If price is tied to crypto-science, then which coin is the most scientific? I would guess Cardano.
Source: smh - 🏆 6. / 80 Read more »