Rising interest rates in Australia are weighing on the housing sector. Prices down, construction activity slower, and loans down also.
Home loans -2.7% m/m
- expected -2.0%; prev -8.2%
Owner Occupier -2.9% m/m
- expected -4.5%, prior -9.3%
Investor Loan Value -2.2% m/m
- prior -6.0%
