Tuesday, 21 January 2020

Home buying intentions on the up

Up and away

Bank economists keep saying that lower interest rates don't work (perhaps not for their margins), but their own indices suggest otherwise.

Home buying intentions are off to the races after a dismal two years, via the CBA:


There should be a nice knock on effect to home furnishings, building approvals, construction...

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Early indications suggest that the first home loan deposit scheme (FHLDS) will be a sellout.