First homebuyer numbers have begun to decline, especially in Victoria and WA.
However, investor loans are now finally on the rise, and total housing finance (ex-refinancing) hit a record high in April.
Western Australia's extraordinary housing stimulus pulled forward some demand, and there was a decline of 8 per cent in home lending in April, though the Perth market is clearly still firing.
In New South Wales and Victoria (pre-lockdown) lending was very strong to homebuyers in April.
The average loan size for the purchase of existing dwellings jumped, reflecting what we have already seen from banks' internal data.
Overall, strong numbers, with investors now returning to the housing market.
