Fewer Queenslanders are applying for mortgages according to new research.Mr Luffman said the figures could indicate people were turning to credit to support their household and discretionary spending.“Given the current subdued growth in household incomes, and below-neutral consumer sentiment, it is understandable that Australians may be becoming more circumspect in their use of consumer credit products,” he said.Mortgage applications are a good indicator of homebuyer demand and housing turnover.It comes as Brisbane home prices recorded their slowest rate of growth in four years over the past financial year, rising just two per cent, according to CoreLogic. Fewer Queenslanders are applying for home loans according to new data. Picture: Chris PavlichThe finding comes after CoreLogic data revealed the number of homes up for auction across Sydney, Melbourne, Brisbane, Adelaide and Perth fell for the fourth straight week in the seven days to July 16.More from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor3 hours agoGET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HERENationally, consumer credit demand rose 10.3 per cent in the June quarter, driven mainly by a surge in personal loan applications, according to Equifax’s latest Quarterly Consumer Credit Demand Index.Credit card applications in Queensland rose 4.5 per cent in the three months to June, the second largest increase after Tasmania.Personal loan applications also picked up strongly in Queensland — jumping 19.6 per cent during the quarter.Extreme inner-city renovationDo these five things before you make an offerBuyers with a bad case of FOMO Fewer Queenslanders are applying for home loans, according to new research. Picture: Brendan Radke.FEWER Queenslanders are applying for home loans in another sign the state’s housing market is beginning to cool.Mortgage applications fell 3.4 per cent in Queensland during the June quarter, according to credit reporting agency Equifax.Nationally, home loan applications were down nearly one per cent during the quarter.Equifax senior general manager Angus Luffman said it marks the second consecutive quarter of declining mortgage applications, signalling the start of a “downward trend” in all states.“Any debate about whether the housing market is softening should now be put to rest,” Mr Luffman said.“We can clearly see that, even in the historically strong geographies on the eastern seaboard, mortgage application demand is slowing or already in decline.”
Tags: Bishop Luddenboys soccerWest GeneseeWesthill WG featured a well-balanced attack where four different players – Tom Shields, Jacob Sachar, Josh Rimauldo and David Puma – found the net. Nolan Merritt and Jesper Behr earned assists, with Alex Toumbarcis and Josh Farrell combining for 11 saves.Bishop Ludden, having moved to no. 11 in the state Class C rankings, reinforced that high status in last Tuesday’s 6-1 romp over the LaFayette Lancers, where Michael Gaughan again stood out.Already up 2-0, at halftime, the Gaelic Knights got away with Gaughan pouring in four goals and adding an assist. Mark Collins and Luke Infanti also found the net as Liam Mahar got two assists and Charlie Colella added an assist.At Tully two days later, Ludden again jumped out in front with a pair of first-half goals, only here that was the only thing needed to gain a 2-0 shutout of the Black Knights.Gaughan and Mahar earned the goals, with Colella adding an assist. Tully had plenty of its own chances throughout the game, but goalie Jim McGarvey turned back all 10 of the Black Knights’ shots.Solvay lost, 5-0 to Chittenango last Monday, and then struggled again two days later in a 7-2 defeat to Cazenovia, though Ty Martineau did score a goal and assist on Alex Wilsch’s tally. Jonathan Gonzalez Perez had 15 saves. Humbled on Sept. 16 by Marcellus when it was undefeated and held the top spot in the state Class B rankings, the Westhill boys soccer team fell to no. 13 in the state poll, but quickly resumed its winning form.The Warriors hosted Mexico exactly one week after the defeat to the Mustangs, getting away in the second half to blank The Tigers 4-0.A well-balanced attack included one goal and one assist from Bo BenYehuda, with Andrew Centore, Brian Kenny and Jackson Powers also getting goals. Will Delano added an assist. Share this:FacebookTwitterLinkedInRedditComment on this Story When West Genesee hosted state Class AA no. 12-ranked Fayetteville-Manlius last Tuesday, it expected to make the Hornets worry, just as it did to Baldwinsville a week earlier.But the Hornets had none of it, topping WG 3-0 as Cheech Pagano netted two of F-M’s three goals. Ziad Abdul-Malik had the other goal as none of the Wildcats’ nine shots got past Chris Szidat or Will Summers.This loss didn’t shake up the Wildcats too much, though, for on Thursday night it hosted Cicero-North Syracuse and unleashed its attack on the Northstars, not letting up until it had earned a 4-2 victory.