Finance levels for new home building in Australia have surged to heights not seen since post-GFC federal government stimulus measures as the latest figures show yet more evidence of strengthening activity in residential construction throughout the country.

On a seasonally adjusted basis, data from the Australian Bureau of Statistics indicates that the combined number of loans made for either the construction of new owner-occupied dwelling units or the purchase of newly built owner-occupied houses and apartments throughout the nation jumped by 3.5 percent in January to come in…