SCOREBOARD: Housing headwinds

Soft credit growth and building approvals are weighing on the property sector, and that's unlikely to change soon.

Most of the new information that we get this week on the Australian economy concerns the housing sector. But, in the run up to the RBA’s meeting on February 7, we are unlikely to learn anything of any substance that we don’t already know. The property market is pretty weak, that much is clear.

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