Reports suggest the property market boom in Australia has come to an end, as the proportion of property lending made to investors has dipped, after reaching an all-time high in May. Lending to investors represented 53.5% of all property lending in May , falling to 48.5% in the next two years ; this measure stood at 35.5% in May , 28.6% in 1995 , and 14% in 1991 . Another indication that the boom may be over is the percentage of properties sold at Australia auctions; last Saturday , only 65.1% of properties sold, down from 70% August , and 90% in It used to be the other way around. May. Increasingly concerned with the rapidly expanding property market, authorities introduced additional capital requirements for banks earlier this year , designed to force them to protect themselves from a potential housing market downturn; the banks most affected included NAB , Westpac , NAB , and ANZ . Macquarie Group forecasts a 7.5% fall in house prices over the next two years .
Reports suggest the property market boom in Australia has come to an end, as the proportion of property lending made to investors has dipped, after reaching an all-time high in May. Lending to investors represented 53.5% of all property lending in May , falling to 48.5% in the next two years ; this measure stood at 35.5% in May , 28.6% in 1995 , and 14% in 1991 . Another indication that the boom may be over is the percentage of properties sold at Australia auctions; last Saturday , only 65.1% of properties sold, down from 70% August , and 90% in May. Increasingly concerned with the rapidly expanding property market, authorities introduced additional capital requirements for banks earlier this year , designed to force them to protect themselves from a potential housing market downturn; the banks most affected included NAB , Westpac , NAB , and ANZ . Macquarie Group forecasts a 7.5% fall in house prices over the next two years .