Australia's new home loans increased in February

Source: RTT News
© Scanpix/RS
Home loans in Australia increased in February with the total number of new loans for homes rising by 2.3% on a sequential basis standing at 52,460, a report unveiled by the Australian Bureau of Statistics showed on Wednesday. According to the report, the nation's new loan figure exceeded forecast of a 1.5% growth after staying flat in January.

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