November Real Estate Report

All states, with the exception of shutdown impacted Victoria reported Increases In
housing loans over September.
ABS Home Loans Seasonally Adjusted Monthly Change
September 2020
23.5%
9.7%
12.7%
9.8%
7.2%
NSW VIC QLD SA
WA
Lending for new home building was a significant contributor to September’s
overall new record total, with loans up by a remarkable 27.1% over the month
following an increase of 2.3% the previous month. So far this year lending for new
home building has risen by 14.1% compared to the same period last year.
ABS National Home Building Loans Seasonally Adjusted August 2020
5,948
4,679
Jan-2019
Feb-2019
Mar-2019
Apr-2019
May-2019
Jun-2019
Jul-2019
Aug-2019
Sep-2019
Oct-2019
Nov-2019
Dec-2019
Jan-2020
Feb-2020
Mar-2020
Apr-2020
May-2020
Jun-2020
Jul-2020
Aug-2020
Sep-2020
Home building loans accounted for a record 9.8% of total lending for housing
reflecting the impact of the federal governments HomeBuilder policy. Victoria
again recorded the highest number of loans for home building.