Australian home loans two-years high in December

Monday, 13 February 2012 02:49

The amount of home loans granted in Australia improved to 2.3%, giving total 48.453- two years high.

November’s data showed an increase to 1.8%. For December analysts expected 1.9% growth in approvals.

The Australian Bureau of Statistics reported also that the value of loans increased 3.8% in December.