The value of new loan commitments for housing reached a record high

Updated February 5 2021 - 12:17pm, first published February 3 2021 - 9:15am
ON THE MOVE: The value of owner occupier home loan commitments rose across most states and territories, according to the latest Australian Bureau of Statistics figures. Photo - Shutterstock.
ON THE MOVE: The value of owner occupier home loan commitments rose across most states and territories, according to the latest Australian Bureau of Statistics figures. Photo - Shutterstock.

The value of new loan commitments for housing grew for the seventh consecutive month and shows no sign of slowing down.