A pull-back in finance for residential property projects in Australia represents a sensible strategy and will not cause any massive pull-back in investor activity, a leading commentator in the sector says.

Speaking on the sidelines of the Australia Property Institute’s Victorian Annual Conference, UBS managing director head of real estate Australasia Tim Church AAPI welcomed the tightening of residential finance availability as encouraged by the Australian Prudential Regulation Authority, saying it would help to cool property value increases and represented a…