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18 Jan 2019 (TheAge) – Falling home loans point to further drop in house prices

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(18 January 2019, The Age, p3, by Shane Wright)

‘A drop in home loans taken out across the country has prompted more warnings of further falls in house prices, with increasing interest from first-time buyers unable to offset dwindling numbers of investors. Figures from the Australian Bureau of Statistics released on Thursday showed the value of housing-related lending dropped by 2.5 per cent in November. The value of loans to investors alone dropped by 4.5 per cent.’

Read more at TheAge.com.au

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