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Australia Oct H'hold New Housing Loan Commitments +0.7% M/M

AUSTRALIA DATA
MNI (Singapore)
  • Australian new loan commitments (seasonally adjusted) rose 0.7% for housing in October.
  • New loan commitments (seasonally adjusted) rose 4.3% for personal fixed term loans in October.
  • New loan commitments (seasonally adjusted) fell 2.1% for business construction (a typically volatile series).
  • The total value of new loan commitments for housing and the value of owner occupier home loan commitments both reached record highs in October 2020

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