The Housing finance data for August 2016 has now been released by the Australian Bureau of Statistics (ABS). Over the month there was $31.4 billion worth of housing finance commitments which was -1.0% lower over the month and -5.1% lower than it was at its peak in April 2015.

The $31.4 billion worth of commitments in August was split between $19.5 billion worth of commitments by owner occupiers and $11.9 billion in commitments to investors.  The value of lending to owner occupiers has fallen over two consecutive months while lending to investors has risen for the fourth consecutive month. …