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30.06.202601:30:00UTC+00Australia’s Housing Credit Growth Eases Slightly in May, Signalling Cooler Mortgage Demand

Australia’s housing credit growth edged down in May 2026, suggesting a mild cooling in mortgage demand after recent months of resilience in the property finance market.

According to the latest data updated on 30 June 2026, housing credit increased by 0.5% in May, easing from 0.6% in April 2026. While the change is modest, the slowdown may reflect growing sensitivity to borrowing costs and tighter financial conditions among households.

Investors and policymakers will be monitoring whether May’s softer reading marks the beginning of a more sustained moderation in housing credit, or simply a minor pause following stronger monthly gains earlier in the year.

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