Home loans in Australia are up 0.3% in July

Market news

9 September 2015

Home loans in Australia are up 0.3% in July

The Australian Bureau of Statistics released its home loans data on Tuesday. Home loans in Australia increased 0.3% in July, missing expectations for a 0.8% gain, after 4.8% rise in June. June's figure was revised up from 4.4% gain.

The value of home loans rose 2.2% in July, investment lending increased 0.5%, while the number of loans for the construction of dwellings declined 0.9%.

Consumer confidence in Australia drops 5.6% in September

Consumer credit in the U.S. increases by $19.1 billion in July

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