The total value of new loan commitments for housing and the value of owner occupier home loan commitments each reached record highs in October 2020. The total value of new loan commitments for housing rose 0.7 per cent to $22.7 billion in October, seasonally adjusted.
Australian Construction Industry Forum (ACIF) forecasts published today outline that COVID-19 and the measures that have been taken to control its spread, have sent the message to hold or defer many new building projects. The ACIF Forecasts highlight that work done will fall again this year, decreasing 3.2 per cent over 2020-21.
Record High in New Loan Commitments for Housing – The total value of new loan commitments for housing and the value of owner occupier home loan commitments each reached record highs in October 2020. The total value of new loan commitments for housing rose 0.7 per cent to $22.7 billion in October, seasonally adjusted.
Building Industry Credit Bureau
Unit 9/39 Jeays St, Bowen Hills QLD 4006
Phone: 1800931221
Monday: 8.00 am–4.00 pm
Tuesday: 8.00 am–4.00 pm
Wednesday: 8.00 am–4.00 pm
Thursday: 8.00 am–4.00 pm
Friday: 8.00 am-4.00 pm
Saturday: Closed
Sunday: Closed
