Home loan values beat market expectations

December 08, 2017

The total value of home loan approvals increased 0.6 per cent in October, ABS data show.

The value of home loan approvals has risen 0.6 per cent to $32.8 billion in October compared to September.

However, the number of home loan approvals for owner occupiers was down 0.6 per cent while the value was flat, at $20.5 billion, seasonally adjusted, figures from the Australian Bureau of Statistics show.

The value in investor loans was up 1.6 per cent, at $11.96 billion.

More in National
Login Sign Up

Dummy text