House Finance Commitments
Australia's housing finance commitments for owner occupation fell for the seventh successive month in April, although the rate of decline appears to be slowing. The number of commitments fell by 0.6 per cent to 50,223 over the month, and decreased by 6.0 per cent through the year, to April 2004.
WA's commitments also fell early in 2004, but have picked up more recently. The number of housing finance commitments for owner occupation in WA increased by 4.0 per cent to 7,029 between March and April. In the 12 months since April 2003, housing commitments have risen by 5.4 per cent.
Source: ABS Cat. 5609.0