Housing Finance Falls in December
Published on February 12, 2010 by
HOME loan approvals retreated for a third straight month in December after a reduction in government subsidies and interest rate rises dampened enthusiasm for mortages, economists say. Australian housing finance commitments for owner-occupied housing fell 5.5 per cent in December, seasonally adjusted, to 55,632 the Australian Bureau of Statistics (ABS) said. That was weaker than [...]
Tags: Australian Bureau Of Statistics, Bureau Of Statistics, Commitments, Economist, Economists, Expectation, Federal Government, Finance Loan, First Home Buyers, Government Subsidies, Home Loan Approvals, Housing Loans, Interest Rate, interest rates, January 1, Measures, nab, Pullback, Stimulus
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