Property Brief


February 2024

Property Brief - February 2024

Home loan activity started the year on a solid footing, with January applications virtually at the same level as the Q4 2023 monthly average (figure 1). This is encouraging as January is usually quite a slow month for many businesses, following on from the summer holiday season. There is nevertheless cause for some concern that, since Q4 2021, home loan applications have been below levels achieved in the last quarter before the Covid-19 pandemic. Unsurprisingly, this downward trend started in the same quarter as the Reserve Bank Monetary Policy Committee commenced interest-rate hikes.

Property Brief February 2024 Download

Related articles

How much can you afford?

Your dream home is closer than you think. Make your budget work with the help of our range of calculators

Contact us on 0800 007 111

BetterBond © 2024 | BetterHome Group | All rights reserved

Follow us

Betterbond YoutubeBetterbond InstagramBetterbond facebookBetterbond TwitterBetterbond LinkedIn