Investing.com - The number of new home loans granted in Australia rose unexpectedly last month, official data showed on Thursday.
In a report, Australian Bureau of Statistics said that Australian home loans rose to a seasonally adjusted 1.6%, from -2.7% in the preceding month whose figure was revised up from -3.0%.
Analysts had expected Australian home loans to fall -2.0% last month.
In a report, Australian Bureau of Statistics said that Australian home loans rose to a seasonally adjusted 1.6%, from -2.7% in the preceding month whose figure was revised up from -3.0%.
Analysts had expected Australian home loans to fall -2.0% last month.