Australia investor housing credit SeptAustralia housing credit Mix Sept

A couple of interesting charts that I’m sure the RBA are perusing carefully. Housing investor credit grew to a record $475.1b in September, some 9.5% higher than a year ago. This annualised expansion is the largest seen since April 2008. Elsewhere the proportion of investor loans as a total of outstanding housing credit also hit a new all-time high of 34%.

The full RBA release can be accessed here:

http://www.rba.gov.au/statistics/frequency/fin-agg/2014/fin-agg-0914.html

 

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