Home loan demand on the rise

The demand for home loans rose in March according to the latest figures from the Australian Bureau of Statistics.

 

ABS data showed the number of home loans granted in March rose a seasonally adjusted 0.3% to 46,275.

 

Analysts were expecting the figures to show loans had fallen by 2% in the month.

 

Total housing finance by value fell by 0.5%, seasonally adjusted, to $20.184 billion.

This article first appeared on SmartCompany.

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