The Australian Prudential Regulation Authority, APRA, says the value of new housing loans approved in the December quarter fell by 12 per cent compared with the same time in the previous year.
To mark Global Money Week (25-31 March) - a financial awareness campaign built to inspire young people to learn about money matters in partnership with the OECD - SBS News has been looking at how everyone can be better educated about money.
But buying houses in Australia, and getting finance for them, can be tough.