Investing.com - The number of new home loans granted in Australia rose less-than-expected last month, official data showed on Friday.
In a report, Australian Bureau of Statistics said that Australian home loans rose to a seasonally adjusted 2.9%, from -0.3% in the preceding month whose figure was revised down from 0.3%.
Analysts had expected Australian home loans to rise 5.0% last month.
In a report, Australian Bureau of Statistics said that Australian home loans rose to a seasonally adjusted 2.9%, from -0.3% in the preceding month whose figure was revised down from 0.3%.
Analysts had expected Australian home loans to rise 5.0% last month.