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Home loan approvals rise 0.9% in November


The number of home loan approvals rose 0.9 per cent in November, beating market expectations of a 0.3 per cent fall.

The value of total housing finance was $33.2 billion in the month, seasonally adjusted, according to the Australian Bureau of Statistics.

The value of loans approved for owner-occupied housing rose 0.4 per cent in November, while loans for investment housing rose 4.9 per cent.

Topics: Approvals

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