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1.Market Observations, 8.Was Sticky

16 May 2017 (TheAge) – House prices fall again as investment loans drop to lowest level in 10 months

(16 May 2017, The Age, p2, Eryk Bagshaw)

‘Home loans to investors have fallen to the lowest level in 10 months following a regulatory clampdown and the Turnbull government’s efforts to cool the Sydney and Melbourne housing market. Figures released by the Australian Bureau of Statistics on Monday show home loans to investors as a proportion of all loans dropped 1.25 percentage points in March to 48 per cent, down from a high of over half of all home loans in January.’

Read more at TheAge.com.au

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