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ABS provides December 2022 data for refinance of housing loans

According to statistics from the Australian Bureau of Statistics released today, the value of all home loan refinancing between lenders decreased by 1.5% but remained high at AU$19.1 billion in December 2022.


Source: Australian Bureau of Statistics, Refinancing & new housing loan

From record high levels recorded earlier in 2022, the value of all new home loan agreements decreased in December by 4.3% to AU$23.4 billion. New investor loan commitments decreased by 4.4% to AU$7.9 billion, while new owner-occupier loan commitments decreased by 4.2% to AU$15.6 billion.

New loan commitments, total housing (seasonally adjusted), values, Australia