Investing.com - The number of new home loans granted in Australia fell unexpectedly last month, official data showed on Tuesday.
In a report, Australian Bureau of Statistics said that Australian home loans fell to a seasonally adjusted -1.9%, from 1.4% in the preceding month whose figure was revised up from 1.1%.
Analysts had expected Australian home loans to rise 0.9% last month.
In a report, Australian Bureau of Statistics said that Australian home loans fell to a seasonally adjusted -1.9%, from 1.4% in the preceding month whose figure was revised up from 1.1%.
Analysts had expected Australian home loans to rise 0.9% last month.