Dim view of hous­ing de­mand

Port Douglas & Mossman Gazette - - REAL ESTATE -

THE lat­est hous­ing fi­nance data from the ABS painted a pretty dim view of hous­ing de­mand, ac­cord­ing to RP Data. Head­line fig­ures show­ing a sea­son­ally ad­justed fall in the num­ber of owner oc­cu­pier hous­ing fi­nance com­mit­ments of 1.5 per cent in Jan­uary fol­low­ing an ad­justed 2.1 per cent fall in De­cem­ber. This was the fourth con­sec­u­tive month where the to­tal num­ber of owner oc­cu­pier loan com­mit­ments has fallen. The lat­est data in­di­cates hous­ing credit de­mand re­mains soft,

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