Approvals of new high-rise apartments fell to a four-year low last calendar year.
For the calendar year to December, total investor housing loans totalled $69.2 billion, the weakest figure since the 12 months to June 2013, when it was $68.7 million.
Total owner occupier loans stood at $170.2 billion, reflecting the greater resilience of that segment of the market. It was the weakest level since August 2017, when total lending over the preceding 12-month-period was $169.7 billion.
