WS Investor
14 Aug 2026, 10:26
Australia Home Loans Fall 1.9% in Q2
Australian home loans declined 1.9% quarter-on-quarter in the second quarter of 2026, extending the weakness in housing finance, although the decline was smaller than the 3.5% fall recorded previously.
The data adds to evidence of cooling conditions in Australia's housing market as elevated borrowing costs weigh on demand. The Reserve Bank of Australia held its cash rate at 4.35% this week after three rate increases earlier in 2026.
Australian home loans declined 1.9% quarter-on-quarter in the second quarter of 2026, extending the weakness in housing finance, although the decline was smaller than the 3.5% fall recorded previously.
The data adds to evidence of cooling conditions in Australia's housing market as elevated borrowing costs weigh on demand. The Reserve Bank of Australia held its cash rate at 4.35% this week after three rate increases earlier in 2026.
