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Australian home loans in January -5.3% m/m (expected -3%, prior -4.3%)
Housing finance data from Australia for January 2023.
- loans for purchase and construction of a new home in Australia hit a 14-year low during the month
owner-occupier loan commitments -4.9% m/m
- expected -3.5%, prior -4.2%
investor loan commitments -6%
- prior -4.4%
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Borrowers ratcheting down their demand for loans still as rates rise.
This article was written by Eamonn Sheridan at www.forexlive... Read More Posted: Mar 3 2023, 00:42
Author Name: forexlive
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