Investor lending continues to climb

Investor lending surged again in April, helping to drive home loan commitments to another new high, according to data from the Australian Bureau of Statistics.

The ABS said a record $31 billion worth of home loans were signed in April, with investor lending up 63 per cent on the same time last year to reach $8.05 billion.

Lending for owner-occupiers rose most strongly for existing homes, which rose 0.2 per cent, while first home buyer commitmen…