The value of new loans granted for owner-occupied homes in Australia jumped 5.5 percent from the previous month to AUD 12.99 billion in June 2020.

Home Loans in Australia averaged 10454.06 AUD Million from 2002 until 2020, reaching an all time high of 14633.90 AUD Million in August of 2017 and a record low of 5949 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 August of 2020. source: Australian Bureau of Statistics

Home Loans in Australia is expected to be 7500.00 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 10500.00 in 12 months time. In the long-term, the Australia Home Loans is projected to trend around 12900.00 AUD Million in 2021 and 14000.00 AUD Million in 2022, according to our econometric models.

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Australia Home Loans

Actual Previous Highest Lowest Dates Unit Frequency
12993.70 12313.90 14633.90 5949.00 2002 - 2020 AUD Million Monthly
SA

Australia Housing Last Previous Highest Lowest Unit
Building Permits -4.90 -15.80 31.60 -21.70 percent [+]
New Home Sales 6828.00 3647.00 20768.00 3647.00 Units [+]
Housing Index 1.60 3.90 6.10 -3.00 percent [+]
Home Loans 12993.70 12313.90 14633.90 5949.00 AUD Million [+]
Home Ownership Rate 65.00 67.00 71.40 65.00 percent [+]
Construction Output -1.00 -2.90 17.30 -18.90 percent [+]
Construction Pmi 42.70 35.50 60.50 21.60 points [+]


Australia Home Loans
In Australia, Home Loans record the value of new loans granted for owner-occupied homes. A housing unit is said to be owner-occupied if the owner or co-owner lives in the unit. It is a leading indicator of demand in the housing market.