Domestic prices jump $52,600 inside June one-fourth

“We think one APRA’s announcement to increase new serviceability flooring try a smart and you may suitable action to greatly help take installment loans, Jacksonville some of the temperatures out of the housing marketplace,” the fresh new Commonwealth Bank’s chief executive Matt Comyn said when you look at the a statement.

“Having enhanced all of our floor in order to 5.twenty five per cent for the June we think it after that step usually promote even more morale to possess consumers and that is a sensible measure to own lenders.”