Australian housing finance data for December 2022 down across the board
After a series of rate hikes by the Reserve Bank of Australia, it is hardly surprising that mortgages are adjusting lower.
home loans -4.3% m/m (expected -3.0% before -4.2%)
Homeowner loans -4.2% m/m (expected -2.8%, before -3.8%)[ires-42%m/m(expected-28%prior-38%)[ires-42%m/m(expected-28%prior-38%)
investor loans -4.4% m/m (before -3.6%)
Lending is still well above pre-pandemic levels:
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