Australian housing finance for February 2014

  • Home loans +2.3% m/m (expected +1.5%, prior was +0.0%)
  • Investment lending +4.4% m/m (prior was -3.7%, revised from -3.3%)
  • Owner-occupied loan value +1.9% m/m (prior was +1.6%, revised from +1.5%)
Australia housing finance 09 April 2014

Data today indicating the housing recovery is continuing

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AUD/USD makes new highs (highest since November 20 1013)