empty
 
 

2020.08.0501:50:00UTC+00Australia Home Loans Rise 5.5% In June

The total value of owner-occupied home loans in Australia was up a seasonally adjusted 5.5 percent on month in June, the Australian Bureau of Statistics said on Wednesday - coming in at A$12.99 billion.

That follows the 10.2 percent decline in May.

Investment lending was up 8.1 percent to A$4.44 billion after tumbling 15.6 percent in the previous month.

On a yearly basis, owner-occupied home loans were up 8.7 percent and investment lending sank 6.1 percent.

Fixed term loans rose 5.2 percent on month and fell 10.9 percent on year to A$1.51 billion.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback