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 -3.9%, from 2.1% in the preceding month whose figure was revised down from 2.4%.
Analysts had expected Australian home loans to fall -2.5% last month.
In a report, Australian Bureau of Statistics said that Australian home loans fell to a seasonally adjusted -3.9%, from 2.1% in the preceding month whose figure was revised down from 2.4%.
Analysts had expected Australian home loans to fall -2.5% last month.