Pete Wargent blogspot

PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

'Must-read, must-follow, one of the best analysts in Australia' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.

'One of Australia's brightest financial minds, must-follow for accurate & in-depth analysis' - David Scutt, Markets & Economics Editor, Sydney Morning Herald.

'I've been investing 40 years & still learn new concepts from Pete; one of the best commentators...and not just a theorist!' - Michael Yardney, Amazon #1 bestseller.

Thursday 31 March 2022

Housing credit impulse fades

Business credit bounce

Credit growth picked up to 7.9 per cent in February, for the fastest annual growth since 2008, largely thanks to a strong acceleration in business credit growth.


Housing credit growth increased a little further over the year, but momentum is now rolling over.


Investor credit growth is gradually starting to pick up, perhaps encouraged by the prospect of rising rents and positive net yields as an inflation hedge. 


Overall, the housing credit impulse is fading now, leading annual house price growth lower.