The value of new loans granted for owner-occupied homes in Australia rose by 5.5 percent from the previous month to AUD 18.34 billion in November 2020, accelerating from a 0.8 percent gain in October, amid ongoing low-interest rates and the implementation in June of the Government’s HomeBuilder grant in response to COVID-19. source: Australian Bureau of Statistics
Home Loans in Australia averaged 10558.31 AUD Million from 2002 until 2020, reaching an all time high of 18344.40 AUD Million in November of 2020 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 January of 2021.
Home Loans in Australia is expected to be 12900.00 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 13500.00 in 12 months time. In the long-term, the Australia Home Loans is projected to trend around 14000.00 AUD Million in 2022, according to our econometric models.