Home loans rise 2.3% in December

Reported by AAP
Monday, February 13, 2012

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The number of home loans approved in December rose 2.3 per cent to 48,453, official figures show.

That was from a upwardly revised 47,383 in November.

Economists' forecasts had centred on housing finance commitments to be up 1.8 per cent for the December.

The Australian Bureau of Statistics (ABS) said on Monday that total housing finance by value rose 3.8 per cent in December, seasonally adjusted, to $21.262 billion.

22/05/2012 00:24Sydney, Australia. 22 May,2012
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