Investing.com - The number of new home loans granted in Australia rose less-than-expected last month, official data showed on Thursday.
In a report, Australian Bureau of Statistics said that Australian home loans rose to a seasonally adjusted 1.8%, from 1.2% in the preceding month whose figure was revised up from 0.8%.
Analysts had expected Australian home loans to rise 2.5% last month.
In a report, Australian Bureau of Statistics said that Australian home loans rose to a seasonally adjusted 1.8%, from 1.2% in the preceding month whose figure was revised up from 0.8%.
Analysts had expected Australian home loans to rise 2.5% last month.