Home loans rose 1.5% in February


- Sponserd Ads -

The number of home loans approved in February rose 1.5 per cent, which missed market expectations of a two per cent rise.

The value of total housing finance was up 2.6 per cent in the month, seasonally adjusted data from the Australian Bureau of Statistics show.

Loans approved for owner-occupied housing, based on their value, rose 1.7 per cent and approvals for investment housing were up 4.1 per cent.

Online Source

The Indian Telegraph Sydney Australia

Share post:


More like this

Miss India Australia 2021 Winner

Sanya Arora, 22 years, dermal therapist, from Melbourne, has been...

Visa changes to support the reopening of Australia and our economic recovery

The Morrison Government is making it easier for highly...

Sydney international terminal bustling once again

After nearly 600 days of closed foreign borders, I...