Loan deferrals continued to decline in November, down to 2.3 per cent of total loans.
The decline has seen the share of loans deferred fall from above 10 per cent at the May 2020 peak.
Source: APRA
Of housing loans deferred, Victoria retained by far the highest share at nearly 4 per cent, following the state's lockdown.
But here too, there is a sharp decline.
Source: APRA
As previously noted, loan deferrals will be back into the normal range by the end of March, assuming lockdown measures don't encroach again.
December saw record property transfers.
New South Wales recorded more than 24,500 property transfers, the highest month since September 2003.
