The value of new loans granted for owner-occupied homes in Australia rose by 4.3 percent from the previous month to a new record high of AUD 23.0 billion in April 2021, faster than a 3.3 percent rise in March, driven by increased loan commitments for existing dwellings. Compared to the same month a year earlier, the value of these loan commitments jumped 70.1 percent. source: Australian Bureau of Statistics
Home Loans in Australia averaged 10804.43 AUD Million from 2002 until 2021, reaching an all time high of 23000 AUD Million in April of 2021 and a record low of 5986.30 AUD Million in August of 2002. This page provides - Australia Home Loans- actual values, historical data, forecast, chart, statistics, economic calendar and news. Australia Home Loans - values, historical data and charts - was last updated on June of 2021.
Home Loans in Australia is expected to be 23000.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Home Loans in Australia to stand at 19000.00 in 12 months time. In the long-term, the Australia Home Loans is projected to trend around 19000.00 AUD Million in 2022 and 20000.00 AUD Million in 2023, according to our econometric models.