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Housing Finance, Australia, Oct 2018
The trend estimate for the total value of dwelling finance commitments excluding alterations and additions fell 1.0%. Owner occupied housing commitments fell 1.0% and investment housing commitments fell 1.0%. • In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions rose 2.6%. • In trend terms, the number of commitments for owner occupied housing finance fell 0.1% in October 2018. • In trend terms, the number of commitments for the purchase of new dwellings fell 1.5% and the number of commitments for the construction of dwellings fell 0.5%, while the ... (full story)