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PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

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Wednesday 2 January 2019

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Investor credit elevated no longer

Total housing credit is now just over $1.8 trillion, according to the latest Reserve Bank figures. 

The investor share of that credit has declined sharply from 39 per cent to 33 per cent since 2015.

Smoothed on a 3mMA basis, you can see that the investor share of housing credit now sits well below the average for the past decade-and-a-half. 


The Reserve Bank figures showed a cumulative $73.7 billion of net switching of loan purpose since 2015 from investor to owner-occupier, which accelerated the rebalancing. 

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CoreLogic will release its December report at 10am AEDT, which should make for some interesting reading.