Australian Bureau of Statistics figures for the June quarter show the value of new housing loans rose 2.0% from the previous three months, matching market expectations and reversing a 1.6% decline in the first quarter. The rebound was led by owner-occupier lending, up 2.4% after a 2.5% fall, while investor lending increased 1.4%, turning positive for the first time in two quarters. The improvement in mortgage demand suggests a stabilising housing market and may lessen pressure on the Reserve Bank of Australia to accelerate interest-rate cuts.
🚨 AUSTRALIA'S HOUSING LOAN REBOUND SIGNALS MARKET CONFIDENCE Australia's Q2 2025 home loan commitments rose 2.4% QoQ to AUD 54.7B, reversing Q1's decline. First-home buyer loans jumped 5.7%, while investment lending climbed 1.4%, reflecting renewed housing demand. https://t.co/MiV6bYV2eT
Housing finance approvals values edging higher, investor loans remain around record highs https://t.co/HE7lIOApRO https://t.co/6vOgnG2f0I
Momentum building in housing finance approvals... https://t.co/eIsKZT3rU6