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Thursday, October 21, 2021

Home loans rose 1.5% in February

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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.

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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

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