Investing.com - The number of new home loans granted in Australia rose less-than-expected last month, official data showed on Wednesday.
In a report, Australian Bureau of Statistics said that Australian home loans rose to a seasonally adjusted 1.3%, from -0.9% in the preceding month whose figure was revised up from -1.2%.
Analysts had expected Australian home loans to rise 2.0% last month.
In a report, Australian Bureau of Statistics said that Australian home loans rose to a seasonally adjusted 1.3%, from -0.9% in the preceding month whose figure was revised up from -1.2%.
Analysts had expected Australian home loans to rise 2.0% last month.