RBA awaits ABS first home buyer data
Jonathan ChancellorDecember 7, 2020
The RBA has decided to remove first home buyers data from its housing loan approvals chart while it is being reviewed by the provider.
Fairfax Media columnist Michael Pascoe first noted the RBA had intriguingly dropped first home figures from its June economic data chart pack, suggesting perhaps as a consequence of rising concerns about the possible underestimating of first home buyer statistics.
An RBA spokesperson advised Property Observer that the bank had decided to remove the data from the graph while it is being reviewed by the ABS provider.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.