Housing Finance - ABS
Posted
@ Oct 1st 2007 2:18pm
- By GCPN Property Network
Total value of dwelling finance commitments excluding alterations and additions increased by 0.4%
The value of owner occupied housing commitments increased by 0.2%,
While the value of investment housing commitments increased by 0.7%.
House and Land investment sales and growth has remained firm with continuing strong enquiry resulting in higher demand in the south east corner of Queensland.
Rental supply is almost meeting the demand but only just, meaning more investment homes will need to be built at a rapid rate to quench the need of families migrating here
.