Housing Credit Growth — methodology

What this metric measures

The annual percentage change in total housing credit (mortgage lending) outstanding. Shows how fast the stock of housing debt is growing.

Why it matters: Housing credit growth drives property prices and household leverage. Rapid growth can signal overheating; a sharp slowdown can precede price corrections and reduced construction activity.

Source & provenance

Publisher

RBA

Update frequency

monthly

Licence

CC BY 4.0

How the score is computed

The score is a 0–100 normalisation of the latest observation, compared to a baseline window. The traffic-light rating (RAG) reflects both the absolute level and the recent trend.

Direction

Context-dependent

Trend window

60 months

Baseline

Last 10 years

{
  "neutral": true
}