Tuesday, September 6, 2011

Queensland housing finance from macrobusiness

The typically pessimistic macrobusiness have posted on the latest housing finance with particular relevance to Queensland.

In fact, month on month, only NSW and QLD grew, the former up 0.8% and the latter a huge 5%.  VIC was down slightly, SA was down 2.4% and WA was down 0.7%.
So, it’s also something of a QLD bounce this release. It was awful low.


That Queensland bounce comes from quite a slump, after a long boom, even relative to other states as can be seen in the chart from macrobusiness.

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