Housing finance up in December

According to the latest data, the total value of owner-occupied housing commitments rose 7.1 per cent, seasonally adjusted, in December to reach $13.506 billion.

However other finance commitments remain weaker.

Consumers’ appetite for personal debt rose by a modest 4.1 per cent while commercial finance commitments rose just 1.8 per cent – barely recovering any of the 10.4 per cent decline recorded for November, to rest at $28.775 billion.

Written by Staff Reporter

Last Updated: 09 March 2022

Published: 17 February 2009