Australian March housing finance data: Headline home loans +5.5% m/m

Home loans +5.5% m/m vs. -0.3% m/m in February 

Owner occupied loan value rose 3.3% m/m

  • prior -1.8%

Investment loans value jumped 12.7% m/m, their largest rise since July 2003

  • prior +4.5%

House prices have been ripping higher. Financing for first homes fell;l 3.1% in the month of March as these folks face steep price hikes. 

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