{"id":18821,"date":"2019-05-15T16:31:43","date_gmt":"2019-05-15T04:31:43","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=18821"},"modified":"2019-05-15T16:31:43","modified_gmt":"2019-05-15T04:31:43","slug":"owner-occupier-and-investor-home-loan-lending-continue-to-plummet","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/owner-occupier-and-investor-home-loan-lending-continue-to-plummet\/","title":{"rendered":"Owner-occupier and investor home loan lending continue to plummet"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><strong>PHOTO: Home loan lending<\/strong><\/p>\n<p>Declines in the number of owner-occupiers and investors has seen Australian home loan lending continue to plummet.<\/p>\n<p>Figures released by the Australian Bureau of Statistics (ABS) reveal the total value of new loans in March fell\u00a03.2 per cent to $16.9 billion \u2013 an 18.4 per cent decline on the previous 12 months.<\/p>\n<p>Despite a 2 per cent increase in the value of new home loans in February, the figures show a downtrend is still very much present in the property market.<\/p>\n<p>New lending to owner-occupiers also reversed the 2.8 per cent increase from February, falling 3.4 per cent to $12.4 billion.<\/p>\n<p>Compared to the year prior, the total value of new owner-occupier home loans across the nation fell 15.2 per cent.<\/p>\n<p>\u201cThere were large falls in the value of lending for owner-occupier dwellings in seasonally-adjusted terms in both New South Wales and Queensland in March, after rises in both states the previous month\u201d\u00a0chief ABS economist Bruce Hockman said.<\/p>\n<p>READ MORE VIA <a href=\"https:\/\/finance.nine.com.au\/2019\/05\/15\/12\/36\/property-news-owner-occupiers-and-investor-home-loan-lending-continued-to-plummet\">NINE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; PHOTO: Home loan lending Declines in the number of<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/owner-occupier-and-investor-home-loan-lending-continue-to-plummet\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":2,"featured_media":18822,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478105174,478098512,478100412,478098521,478105175,478105173,478098542,478098519,478098535,478098543,478101743,478099125,478098873,478098579,478098510,478098514,478098511,478098509],"class_list":["entry","author-wpcomsupport","post-18821","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-abs-economist","tag-australia","tag-australian-bureau-of-statistics","tag-australians","tag-bruce-hockman","tag-home-loan-lending","tag-home-loans","tag-home-ownership","tag-house-prices","tag-mortgages","tag-property-correction","tag-property-crash","tag-property-investment","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Owner-occupier and investor home loan lending continue to plummet - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/owner-occupier-and-investor-home-loan-lending-continue-to-plummet\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Owner-occupier and investor home loan lending continue to plummet - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"&nbsp; 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