Invest Housing Finance (MoM)

A housing investment report that presents the number of long-term loans. A high value of the indicator is considered as a positive (or bullish) factor for AUD, whereas a low value is believed to be negative (or bearish).
Actual value:
Currency: Australian Dollar
Country: Australia
Previous value: 5.3%
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This indicator shows the number of long-term credits for the construction of the dwelling houses. The increasing number of construction objects indicates the growth of consumer demand and business optimism, which in turn, confirms the growth of the housing market and the economy of the country in general.

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