Australian housing finance data for May -1.7% m/m (prior +4.8%)

Australian Home Loans for May 2024 -1.7%, dropping back from the strong performance in April:

• prior +4.8%

Owner - Occupier Loan value -2.0% m/m

• prior +4.3%

Investor Loan Value -1.3% m/m

• prior +5.6%