BEAT: Australian Home Loans Rose 2.3% In February

Getty/ Mary Turner

The number of owner occupied housing finance commitments rose 2.3% in February, according to the Australian Bureau of Statistics.

This beats the market expectation of 2%, and is good news considering housing finance, along with house prices, is the hot spot in the economy, and the one that gained the most traction from the RBA’s super-low rates period.

We’ll have the analysis up shortly.

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