This morning the ABS released its Housing Finance for the month of December 2014.
As I suggested after last month's data spawned a chorus of "housing finance falling" headlines (or at least, comments), looking at one month's figures in a gyrating data series in isolation is always likely to result in misguided conclusions.
Indeed, the quarterly volume of loans written was tracking at record heights - with the monthly figures breaching $29 billion for the first time only in September and claiming a "hat-trick" by repeating the jape for three months in a row.
Part 1 - Housing finance rockets
But it was the value of loans written that was the really dramatic result.
Part 2 - State by State
Part 3 - New dwellings being sold offshore?
Similarly the value of commitments for new dwellings has hit a plateau since February 2014.
Part 4 - Construction loans rocket
All available data and evidence suggests that we are set for a residential construction boom which will run stronger and for longer than analysts had previously thought.
Before then, of course, we have the latest labour force figures to look at tomorrow, a much anticipated release.
Invest in property: