Vacancies fall further
The prudential regulator noted this week that it would be watching for signs of slowing credit before loosening the lending assessment buffers.
Lending for new home construction and new home sales has crashed and continues to sink, so...
Landlords also aren't borrowing, which is in turn leading to rental shortages.
Domain reported its February vacancy rates figures today, which hit new record lows at 0.8 per cent
Capital city vacancy rates are now just 0.7 per cent, just as international student visa applications begin to accelerate.
Hobart saw a modest increase to a still absurdly tight 0.6 per cent, and rental vacancy rates fell everywhere else.
Sure ain't good.
