Investing.com - The number of new home loans granted in Australia rose more-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 4.4%, from -4.0% in the preceding month whose figure was revised down from -3.9%.
Analysts had expected Australian home loans to rise 4.0% last month.
In a report, Australian Bureau of Statistics said that Australian home loans rose to a seasonally adjusted 4.4%, from -4.0% in the preceding month whose figure was revised down from -3.9%.
Analysts had expected Australian home loans to rise 4.0% last month.