Preview #2 of Australian housing finance data due today

Housing finance data for November 2017 is due at 0030 GMT

I posted an earlier preview here: Preview of Australian housing finance data due today

I don't expect the results will have too much of an immediate AUD impact, unless there is some sort of shock result, but I'll be on the lookout!

Preview, this time via Westpac:

• Housing finance approvals have held up much better than expected given the material housing market slowdown evident in auction clearance rates, prices and turnover. The total number of owner occupier finance approvals dipped 0.6% in Oct, down 0.8% ex refi. The value of investor housing finance posted a 1.6% rise despite multiple downward pressures.
• The Nov update should show a decline. Markets have yet to level out and although the initial adjustment to APRA's macroprudential restrictions have largely passed, we expect some restraint to still be evident. Approvals are expected to decline 1%.