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Australia's Total Loan Commitments for Dwellings Falls in March Quarter

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The number of total loan commitments for dwellings in Australia fell 6.2% to 139,794 between the March and December 2025 quarters, data from the Australian Bureau of Statistics showed on Wednesday.

New home loans declined 6.9% to 82,453, with their total value falling 4.3% to AU$61.42 billion, while first home buyer loans decreased 4.3% to 30,241, and fell 6.7% in value to AU$17.91 billion.

"Falls were recorded across all borrower types this quarter, following strong growth throughout 2025 and cash rate rises in February and March," said Mish Tan, the bureau's head of finance statistics.

Meanwhile, lending to investors fell 5.3% to 57,342. The total value of investment loans approved decreased 3% to AU$41.54 billion.

Compared with the year-earlier period, the number of total loans approved rose 8.6% in the March quarter. New home loans increased 2.5%, and investor loans jumped nearly 19%.

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