The total number of owner-occupied home loans in Australia was up a seasonally adjusted 1.8 percent on month in May, the Australian Bureau of Statistics said on Friday, standing at 49,636.
That missed forecasts for a gain of 2.2 percent following the 1.2 percent increase in April.
Investment lending was up 1.5 percent on month, worth A$8.411 billion after collecting 0.9 percent in the previous month.
The value of loans gained 2.3 percent on month to A$15,022 billion after contracting 0.6 percent a month earlier.
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