Due at 0130GMT. The series has been on the slide along with house prices.

  • Home loans m/m, expected is 0.5%, prior was -1.2%
  • Owner-occupied loan value, expected 1.0% m/m, prior was -1.3%
  • Investment lending, expected -1.0% m/m, prior was -4.1%

What for today? This via ANZ:

  • We are looking for the first monthly gain in the number of housing commitments for owner-occupied purchasers since October 2018 and only the third such gain over the past year.
  • Investor lending has been down for six months in a row and fell a sharp 4.1% m/m in January. Another decline seems likely, though we expect a smaller fall than last month.

Westpac expecting an improvement from January:

  • Industry data covering the major banks suggests Feb was a touch firmer. We expect the number of owner occupier loans to edge 1% higher. However, the value of investor loans is expected to see further softening.