February 2022
February 2022
The value of new home loans (excluding refinancing) declined a seasonally adjusted 3.7% in February but remained up 12.6% over the year. The February decline was mainly driven by a 4.7% drop in owner-occupier loans, with loans to first home buyers plunging 9.7%. Loans to investors retreated 1.8% from a record high in January and were up 55.8% over the year.
Download PDF