The rate of growth in lending for existing homes outstripped that of new homes in April. Photo: Shuttertock
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…
