Nation's home buyers drag their feet.

Australasian Business Intelligence,  July, 2007  

Tags: FINANCE, National Australia Bank

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Byline: Nassim Khadem

Jul 10, 2007 (The Age - ABIX via COMTEX) -- The Australian housing market slowed in May 2007. Housing finance approvals rose by only 0.1 per cent, the slowest rate for six months. However, the total value of loans increased by 2.7 per cent to $A22.1 billion. The number of first-home buyers fell from 17.2 per cent in April to 16.6 per cent in May. However, National Australia Bank's monthly business survey has ...

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