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The ABS released the Lending to Households and Businesses data for November 2021 today. The data provides statistics on housing finance commitments.
“The value of loans to owner occupiers increased by 7.6 per cent in the month of November. This leaves the value of loans to owner occupiers 46.0 per cent higher in the 12 months to November 2021 compared to the previous 12 months,” added Mr Ward.
“The number of loans to first home buyers increased in November and accounted for 34 per cent of owner occupier loans. This remains above the average of the past decade,” stated HIA Senior Economist, Nick Ward.
"The number of loans issued to owner-occupiers to construct a new dwelling was up 48.3 per cent in the 12 months to November 2021, compared to the previous 12 months,” added Mr Ward.
“The value of loans to investors were 69.5 per cent higher in the 12 months to November 2021, compared to the previous 12 months, as investors respond to the very tight rental markets around the country,” continued Mr Ward.
“The boom in renovations also looks set to continue with lending for renovations up by 91.4 per cent in the 12 months to November compared to the previous 12 months,” concluded Mr Ward.
Discover the key air conditioning considerations for builders and homeowners, including system selection, energy efficiency, zoning, comfort, installation planning and long-term performance in new homes.
“The Housing Industry Association welcomes today’s announcement by the NSW Government of the expansion of the Pre-sale Finance Guarantee” said Brad Armitage, Executive Director NSW.
“Residential land prices increased by 1.5 per cent in the final quarter of 2025 to be 9.4 per cent higher over the year, increasing almost three times faster than consumer prices over the same period,” stated HIA Senior Economist Tom Devitt.
This Values Statement sets out HIA's position in relation to the core beliefs and principles that should guide the residential construction industry, shaping how it operates, conducts business, and interacts with all stakeholders.