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1.Market Observations, 8.Was Sticky

18 Jan 2017 (TheAge) – Housing investor loan approvals surge 21.4 per cent in a year

(18 January 2017, The Age, BusinessDay, p20, Clancy Yeates)

‘Growth in new lending to housing investors has accelerated to its fastest annual pace since early 2015, when banks were forced to crack down on landlord buyers amid fears the property market was overheating. The value of new loans approved for property investors jumped 4.9 per cent in November, and this lifted year-on-year growth in this segment to 21.4 per cent, a 19-month high, Australian Bureau of Statistics figures showed on Tuesday.’

Read more at TheAge.com.au

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