The surge was bolstered by positive sentiment towards the labour market and economic outlook
Figures from the statistics bureau paint a rosier picture for home lending, thanks to the increased demand from owner-occupiers and investors.
Loans from parents are estimated to be in the billions of dollars
The federal government is now consulting the public regarding the establishment of the National Housing Finance and Investment Corporation.
Shadow lending saw the biggest improvement in arrears rates
Stamp duty eats into buyers’ deposits, forcing them to settle for smaller homes or take on heftier mortgages
Prices in Australia’s two biggest housing markets could be due to the higher number of listings recorded.
Members of the industry reacted to a critical op-ed published by a UNSW professor