APRA rules fob investors off

10 November 2015

 

The value of loans for housing fell by 1.6% in September, led by an 8.5% drop in the value for loans to investors. The total value of loans approved for housing was down on August’s figure of 3.5% and the turn-around may mark the beginning of the end for the decade-long housing boom. “Owner-occupied” housing loans grew by 3.0% but even then they were down from August’s 6.1% increase. In...

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