Sorry, NO CRASH! Here are the official ABS figs.
VALUE OF DWELLING COMMITMENTS
July 2016 compared with June 2016:
http://www.abs.gov.au/ausstats/[email protected]/mf/5609.0
- The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 0.3%. Investment housing commitments rose 1.1%, while owner occupied housing commitments fell 0.1%.
- In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions fell 1.8%.
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