Stronger Q2 housing finance Australia: Investor & owner-occupier lending turn positive ...Middle East

Investor loan value (q/q): +1.4% (prev -0.3%)

Total home loans value (q/q): +2.0% (est +2.0%, prev -1.6%)

with both investor and owner-occupier lending turning positive after prior declines points to a rebound in mortgage demand

The lift in total home loans, matching expectations at +2.0% q/q, may temper expectations for aggressive RBA easing, at the margin, as housing activity shows signs of recovery. I suspect this won't have too much RBA impact though.

This article was written by Eamonn Sheridan at investinglive.com.

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