It appears that investors are becoming more active in markets across Australia, based on the
latest lending figures from the ABS.

New lending to investors is certainly on the rise, with a 6.2% increase in May 2023. Lending
to owner-occupiers saw a more modest increase of 4% during the month.

This indicates that investor buyers are becoming increasingly active in the market, despite the
12 interest rate rises since May 2022 – providing further evidence that economists are wrong
when they assume that interest rate trends determine everything in real estate.

These new loan commitments have brought lending volumes to a level that is 45% above the
recent low in June 2020 – back when interest rates were at record lows.