finance approvals

What happened in property this week - Tim Lawless

The Australian Bureau of Statistics (ABS) released housing finance data for November 2013 earlier this week. The data showed that total owner occupier housing finance commitments increased by 1.1% over the month with 52,912 commitments, the highest number of commitments since October 2009. Owner occupier commitments consist of refinances and non-refinance commitments and they increased…