Australian Housing finances falls in March

Australian Housing Finance Falls More than Expected in January. March 13, 2018 by DOW JONES INSTITUTIONAL NEWS Leave a Comment. By James Glynn SYDNEY-The number of Australian home-loan approvals fell a seasonally adjusted 1.1% in January from December, the Australian Bureau of Statistics said.

SYDNEY–Australian housing finance fell in April from March with the economy slowing ahead of a federal election in May, while falls in house prices. View on marketwatch.com Share

Housing market sentiment falls in every state: NAB survey. Confidence in the Australian housing market has fallen in every state for the June quarter, according to National Australia Bank.

Mortgage lending in Australia slowed in November as falling house prices and restricted credit from banks continued to cool the market.. Housing finance falls less than expected in November.

WA also recorded the fastest nominal economic growth, up 10.6 per cent over the year to March. South Australia from Queensland, and SA has held sixth position for the past 18 months. It had the.

Australian home prices fell at the slowest pace in a year during May, according to CoreLogic’s Home Value Index. The moderation reflects slower price falls in Sydney. both cities since March last.

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Housing price declines in Sydney and Melbourne have been large. Nationally, housing prices have fallen by 7 per cent over the year to March. Sydney and Melbourne account for almost 40 per cent of the australian housing stock and have recorded large price falls since late 2017 (Graph 2.1).

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SYDNEY–The number of Australian home-loan approvals fell by a seasonally adjusted 2.5% in March from February, the Bureau of Statistics said Monday. Economists had expected a 0.5% fall for the month.

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The number of Australian home-loan approvals fell a seasonally adjusted 1.9% in April from March, the Bureau of Statistics said Friday.

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SYDNEY–Australian housing finance fell in April from March with the economy slowing ahead of a federal election in May, while falls in house prices and tight clamps on mortgage lending continued.

Growth in the Australian. housing downturn and weak consumer spending that some economists have warned could end its record run. On Tuesday, government data showed that retail sales slipped.

The number of Australian home-loan approvals fell a seasonally adjusted 0.5% in March from February, the Bureau of Statistics said Monday.