Home Loans (MoM)

Actual value:
Currency: Australian Dollar
Country: Australia
Previous value: 0.3%
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The indicator evaluates the change in the number of new loans for residential real estate. It is a leading indicator of demand in a housing market. An increase in the loan numbers is a sign of recovery in consumer demand and business optimism, which indicates the growth of the residential real estate market and the economy in general.

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Influence on the market