Industry body warns housing finance figures are on a "slippery slope"
The Real Estate Institute of Australia (REIA) says the October housing finance figures released by the Australian Bureau of Statistics (ABS) show the number of housing loans is diving.
"No bright spot" in latest housing finance figures
President of the Real Estate Institute of Australia (REIA) Malcolm Gunning says there is "no bright spot" in the latest housing finance figures, released by the Australian Bureau of Statistics (ABS).
Weaker investor demand, tax concessions let first-home buyers back in: CoreLogic
First-home buyers accounted for 17.9 per cent of all owner occupier commitments in February, up from 13.3 per cent at the same time in 2017, according to ABS data.
First-home buyers at highest share of market in five years
Continued weakness in housing finance numbers is leading the banks to compete for market share by lowering interest rates for both investors and owner-occupiers, says Malcolm Gunning, president of the REIA.