The value of owner-occupied home loans in Australia climbed a seasonally adjusted 10.7 percent on month in July, the Australian Bureau of Statistics said on Wednesday - coming in at A$14.33 billion.
That follows the 5.5 percent gain in June.
Investment lending was up 3.5 percent in June to A$4.58 billion, slowing from 8.1 percent in the previous month.
On a yearly basis, owner-occupied home loans surged 18.5 percent, while investment lending slipped 5.1 percent.
Fixed term personal loans gained 6.9 percent on month and sank 3.9 percent on year.
The material has been provided by InstaForex Company - www.instaforex.com
source http://www.mt5.com/forex_news/quickview/2163503/
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