Investing.com - The number of new home loans granted in Australia rose less-than-expected last month, official data showed on Monday.
In a report, Australian Bureau of Statistics said that Australian home loans rose to a seasonally adjusted 0.1%, from 1.1% in the preceding month whose figure was revised up from 0.9%.
Analysts had expected Australian home loans to rise 3.0% last month.
In a report, Australian Bureau of Statistics said that Australian home loans rose to a seasonally adjusted 0.1%, from 1.1% in the preceding month whose figure was revised up from 0.9%.
Analysts had expected Australian home loans to rise 3.0% last month.