Mon, 15 Apr 2013 12:56:03 GMT
Australia's home loans rise in February
Home loans in Australia increased more than economists expected in the month of February, when the total number of new home loans gained 2.0% standing at 45,423, the Australian Bureau of Statistics reported on Monday. The report also showed that the number of homes under construction rose 1.5% to 5,058 and the purchase of established dwellings added 2.1% to 37,846.