Investing.com - The number of new home loans granted in Australia fell more-than-expected last month, official data showed on Monday.
In a report, Australian Bureau of Statistics said that Australian home loans fell to a seasonally adjusted -1.5%, from -0.7% in the preceding month whose figure was revised down from -0.5%.
Analysts had expected Australian home loans to fall -0.1% last month.
In a report, Australian Bureau of Statistics said that Australian home loans fell to a seasonally adjusted -1.5%, from -0.7% in the preceding month whose figure was revised down from -0.5%.
Analysts had expected Australian home loans to fall -0.1% last month.