Housing Lending Up, Again, in May – RBA
The RBA released their financial aggregates for May 2014 today. Housing lending now totals $1.36 trillion, up by $7.2 billion, a growth rate of 0.5% in the month, and 6.2% in the past 12 months. Investment lending grew at 0.8% in May, whilst owner occupied loans grew at 0.4%. Investment lending is growing faster, at … Continue reading “Housing Lending Up, Again, in May – RBA”