Australia's home loans rise in February

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Source: RTT News

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.


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