๐๐ผ๐ฟ๐ฟ๐ผ๐๐ถ๐ป๐ด ๐ฅ๐ถ๐๐ฒ๐ ๐ด.๐ฒ% ๐ผ๐๐ฒ๐ฟ ๐๐ต๐ฒ ๐ค๐๐ฎ๐ฟ๐๐ฒ๐ฟ
Home loans activity is rising again, in another sign the property recovery is gathering pace.
Borrowers committed to $24.86 billion of home loans in May, according to the Australian Bureau of Statistics.
That was 8.6% higher than in February ($22.90 billion), which, as the graph shows, now appears to have been the bottom of the cycle.
During that three-month bounceback, home loans activity increased for both owner-occupiers (7.8%) and investors (10.0%), suggesting that this recovery is broad-based.
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Interest rate rises are here, but you donโt have to fear with the right broker on your side.
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