Australian home loans in line with expectations

FXstreet.com (Bali) - Australian home loans (Nov) came at 1.1% vs 1.1% expected and 1.0% last, while, investment lending for homes (Nov) saw an increase of +1.5% vs 8.2% last. Meanwhile, the ANZ job advertisements (Dec) came at -0.7% vs -0.8% last.

November housing finances - key points

VALUE OF DWELLING COMMITMENTS

November 2013 compared with October 2013: "The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 2.0%. Investment housing commitments rose 3.0% and owner occupied housing commitments rose 1.4%. In seasonally adjusted terms, the total value of dwelling finance commitments excluding alterations and additions rose 1.7%."


NUMBER OF DWELLING COMMITMENTS

November 2013 compared with October 2013: "In trend terms, the number of commitments for owner occupied housing finance rose 0.6%. In trend terms, the number of commitments for the construction of dwellings rose 1.1% and the number of commitments for the purchase of established dwellings rose 0.7%, while the number of commitments for the purchase of new dwellings fell 0.6%. In original terms, the number of first home buyer commitments as a percentage of total owner occupied housing finance commitments fell to 12.3% in November 2013 from 12.6% in October 2013."