(MENAFN) Figures by the Australian Bureau of Statistics (ABS) show that home loan approvals in the country went up 1.1 percent in November month-on-month, Xinhua reported
The number of home loans increased to a total of 52,912 in the month. The value of housing finance commitments rose to USD24.3 billion, registering a 1.7 percent increase
Economists say that the strengthening housing sector in the country indicates that an additional interest rate cut is unlikely this year
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.