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MNI: Australia Investor Housing Loans.....>

AUSTRALIA
AUSTRALIA: MNI: Australia Investor Housing Loans Drop For 5 Straight Months
The number of owner-occupier home loans rose in July but investment housing
loans dropped for the fifth straight month, indicating investors continue to shy
away from housing investment amid tighter lending conditions and weaker housing
prices. The data suggest the risk is tilted towards further weakness in the
housing market.
- For full story see MNI Main Wire at 02:54 BST 09/07, or contact us for access.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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