Home lending, building approvals bounce in May

According to The Australian Financial Review, home lending and building approval figures jumped in May, posting gains of 4.8 per cent and 20.6 per cent respectively and matching the impetus displayed in recent house price growth.
Sydney house prices have now rebounded by 6.7 per cent since they bottomed out in January, although the rate of growth has eased slightly, with prices up by 1.7 per cent in June, compared to 1.8 per cent recorded in May.

https://www.afr.com/property/residential/home-lending-building-approvals-bounce-in-may-20230703-p5dlbz