There has been no relief for the lending market in March, with new figures from the Australian Bureau of Statistics showing a further decline in the number of loans for housing.
The Australian Bureau of Statistics has released its Lending to Households and Businesses for February 2019, presenting statistics on housing finance commitments including for the purchase or construction of new dwellings.
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.
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.