Investors accounted for a record low 19.5 per cent of new residential lending in December, well behind owner occupiers on 59.5 per cent, Australian Property Investor reported. PIPA chairman Peter Koulizos said investor loan commitments had still risen about 10 per cent on a year earlier, topping $6 billion in December, and that thin listings and record low rates pointed to further price growth.
Reported by
Craig Francis, Australian Property Investor, 11 February 2021
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