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Victoria’s new home lending figures highlight strengthening market

By Jamil Allouche

With the increasing number of people moving into the nation in search of real estate, there have been fears that supply figures wouldn't be enough to provide for the influx of people. Luckily, the latest figures from the Australian Bureau of Statistics have highlighted the strong results for new home lending across the nation, which could be great news for buyers interested buying investment real estate in Brunswick

Housing Industry Association chief economist Harley Dale said the news of the strengthening home construction market was fantastic, especially with these figures expected to remain strong heading well into the new year. 

"We need to be careful in the final months of 2014 that such positive news doesn't get drowned out by negative noise regarding property price movements in a couple of markets and speculation and uncertainty about possible policy responses," said Mr Dale in a 10 October statement, stating it would be unfortunate for new home lending activity to be cut short based on fear. 

Now could be a great time to consider making investment moves into your local property market. With strengths running at a high level, riding the wave and expanding your portfolio now could be a great move to make for your future. 

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