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Global Economic News

Australia Home Loans Jump 10.7% In July

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

The value of owner-occupied home loans in Australia climbed a seasonally adjusted 10.7 percent on month in July, the Australian Bureau of Statistics said on Wednesday - coming in at A$14.33 billion.That follows the 5.5 percent gain in June.Investment lending was up 3.5 percent in June to A$4.58 billion, slowing from 8.1 percent in the previous month.On a yearly basis, owner-occupied home loans sur...

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