The total number of home loans in Australia was up a seasonally adjusted 1.5 percent on month in February, the Australian Bureau of Statistics said on Monday - standing at 56,924.
That was shy of forecasts for a gain of 2.0 percent following the 3.9 percent contraction in January.
The number of loans issued for the construction of new dwellings fell 1.9 percent to 5,729, while the purchase of new dwellings tumbled 15.4 percent to 2,577 and the purchase of established dwellings added 3.0 percent to 48,256.
The value of loans was up 2.6 percent to A$32.807 billion, while investment lending advanced 4.1 percent to A$11.902 billion.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.