| Recent weeks have seen a firming in Australian house prices and related indices, hinting at a spring rebound for property. Is this happening and is it sustainable? In Australia, there are two key official sources of housing finance statistics.
One is the Reserve Bank of Australia credit aggregates statistics, which provides owner-occupied and investor mortgage data at the national level. And the other is Australian Bureau of Statistics housing finance statistics, which provides detailed information on the number and value of housing finance commitments at national and state levels, as well as information on average loan sizes and first home buyer activity...............................................Full Article: Source |