(MENAFN) Figures by the Australian Bureau of Statistics (ABS) revealed that owner-occupied home loans in Australia went up 4.4 percent in September, Xinhuanet reported.
In the month, the number of owner-occupied housing finance commitments went from 49,733 in August to 51,928 in September.
An associate economist at the Commonwealth Bank said: "Even though we might get some volatility month by month, the overall trend has been quite a sustained upturn in housing activity."
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.