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Home Loans (MoM)
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.
In the presented article, we will continue the study of trading on rollbacks on publications of economic indicators. And in the second part of the study, we will consider the events of Australia.