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AAP

Business

Poppy Johnston

MYSTERIOUS: Mini home building boom might be ready to splinter - You Need To See This

CoreLogic Tim Lawless

Australian house prices continued to rise in June, with Sydney and Brisbane leading the rebound. (Russell Freeman/AAP PHOTOS) (AAP)

Lending to buy homes has jumped in line with the recovery in Australian housing prices.

The Australian Bureau of Statistics recorded a 4.8 per cent rise in May, to $24.9 billion, with the total value of new owner-occupier loan commitments increasing for owner-occupiers and investors.

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