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Home prices dive $52,600 from inside the June quarter

“We feel one to APRA’s announcement to boost the fresh new serviceability floors was a sensible and suitable action to simply help take some of your temperatures from the housing industry,” brand new Commonwealth Bank’s chief executive Matt Comyn told you inside the a statement.

“That have enhanced our floors so you can 5.25 per cent into the June we believe it then action usually give a lot more spirits having borrowers which is a prudent level getting lenders.”

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