Economic Buzz: Australia Home Loans Fall 2.9% In October

2 Dec 2022 , 10:49 AM

The value of owner-occupied home loans issued in Australia in October was down a seasonally adjusted 2.9 percent on month, coming in at A$17.16 billion. On a yearly basis, home loans stumbled 17.2 percent. Investment lending fell 2.2 percent on month and 17/0 percent on year to A$8.62 billion. Overall lending shed 2.7 percent on month and 17.1 percent on year to A$25.79 billion.Powered by Commodity Insights