The value of new loans granted for owner-occupied homes in Australia rose by 3.3 percent from the previous month to a record high of AUD 22.41 billion in March 2021, after a 1.8 percent drop in February. The rebound was driven by increased loan commitments to investors for existing dwellings. Compared to the same month a year earlier, the value of these loan commitments jumped 55.6 percent. source: Australian Bureau of Statistics
Home Loans in Australia averaged 10750.23 AUD Million from 2002 until 2021, reaching an all time high of 22413 AUD Million in March 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 May of 2021.
Home Loans in Australia is expected to be 13000.00 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 14000.00 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.