The housing finance market performed strongly in June, but analysts cautioned against reading too much into the numbers. Housing market figures have been volatile in recent months because of changes to stamp duty arrangements in New South Wales and Victoria.
According to Australian Bureau of Statistics housing finance figures released yesterday, the value of housing finance commitments rose 2.4 per cent in June (in seasonally adjusted terms).
The number of owner-occupier housing loans rose 1.3 per cent. This is the highest monthly increase since December last...
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