Housing finance lifts for eigth consecutive month

Demand for home loans has continued to increase for an eighth consecutive month in November, according to the latest figures from the Australian Bureau of Statistics.

The figures show the number of loans granted rose by a seasonally adjusted 1.4% to 46,953, after a downwardly revised 46,953 in October.

Total housing finance rose by 2.1% to $2.03 billion.

This article originally appeared on SmartCompany.




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