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 1.5%, from -4.4% in the preceding month whose figure was revised down from -3.9%.
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 1.5%, from -4.4% in the preceding month whose figure was revised down from -3.9%.
Analysts had expected Australian home loans to rise 2.0% last month.