Australia Home Loans Dip 0.9% In March
he total number of home loans in Australia was down a seasonally adjusted 0.9 percent on month in March, the Australian Bureau of Statistics said on Tuesday, standing at 52,013. That was well shy of forecasts for an increase of 1.0 percent following the 2.3 percent gain in February. The value of housing loans was down 1.1 percent on month to A$27.346 billion. The number of first home buyer commitments as a percentage of total owner occupied housing finance commitments surged 12.6 percent on month in March.
News are provided by InstaForex.