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Home loan approvals slip 1.4% in April

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June 12, 2018

The number of home loan approvals fell in April, the latest ABS housing finance figures show.

The number of home loan approvals for owner occupiers has dropped 1.4 per cent in April, ahead of market expectations of a 1.8 per cent decline.

The value of total housing finance was down 0.2 per cent at $31.74 billion for the month, seasonally adjusted data from the Australian Bureau of Statistics shows.

The value of new home loan approvals for owner-occupiers was up 0.2 per cent, while the value of investor loans was down 0.9 per cent.

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