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Joshua

Joshua

Real estate agent,

Loans for dwelling construction are falling fast post-HomeBuilder

15D ago 0 Replies 15 Views
Friday’s lending indicators data posted a sharp decline in loans for new dwelling construction, which fell for the second consecutive month by a combined 21% from February’s peak:


“This is the first ABS data to show that we are past the peak in the surge in construction due to HomeBuilder,” [said Ms Lillicrap].

“The cooling in construction loans is consistent across all the states and territories”.


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