Investing.com - The number of new home loans granted in Australia rose more-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 0.3%, from -0.4% in the prior month whose figure was revised up from -0.7%.
Analysts had expected Australian home loans to rise 0.2% last month.
In a report, Australian Bureau of Statistics said that Australian home loans rose to a seasonally adjusted 0.3%, from -0.4% in the prior month whose figure was revised up from -0.7%.
Analysts had expected Australian home loans to rise 0.2% last month.