Market Alert : Global Sell-Off Extends: Liquidity Fears and Growth Concerns Dominate

ABS provides statistical data on new housing loan commitments

According to data issued today by the Australian Bureau of Statistics, the value of new loan commitments for housing decreased by 0.9% to AU$22.6 billion in February 2023 (seasonally adjusted), following a revised decline of 2.4% in January (ABS).

New loan commitments, total housing (seasonally adjusted and trend), values, Australia - excluding refinancing