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Australia Owner-Occupied Home Loans Rise 4.0% In May

Por: RTTNews Business July 03, 2023

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The value of owner-occupied home loans in Australia was up a seasonally adjusted 4.0 percent on month in May, the Australian Bureau of Statistics said on Monday - coming in at A$16.37 billion.On a yearly basis, loans fell 20.2 percent.Investment lending climbed 6.2 percent on month and dropped 20.9 percent on year to A$8.50 billion.Total home loans rose 4.8 percent on month and shed 20.5 percent on year at A$24.86 billion.Loans for the... + full article



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