Home loan demand from investors has dropped by 9 per cent, the largest monthly percentage decline since 2015, new data has revealed. According to new Housing Finance data from the Australian Bureau of Statics (ABS), investor loan demand dropped by $1.07 billion (9 per cent) when seasonally adjusted between February and March 2018, the largest monthly percentage drop since September 2015. According to RateCity money editor Sally Tindall, investors have been deterred by the slowdown in the housing market.
Read more