Australian housing finance for November
Home loans +2.1m/m,
- expected flat at 0.0% change m/m, prior was -0.6%
Investment lending +1.5% m/m,
- prior was +1.6%
Owner-occupied loan value +2.7% m/m,
- prior was 0.0%
A solid beat indeed for the headline (home loans) and the others not too shabby either. With results like these its difficult to see how a construction slow down will happen. AUD marked higher ... not by much admittedly.
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Eamonn, this is not crypto, we don't care ........ <-- feel free to cut and paste into the comments ;-)
more to come