Australia data - Home loans: +2.7% m/m (vs. expected +2.0%)

Australia - housing finance data for December

Home loans m/m, +2.7%

Investment lending m/m, +6.0%

  • prior was -19.%, revised from -2.2%

Owner-occupied loan value m/m, +3.8%

  • prior was -0.1%, revised from -0.2%

Stronger figures this month, and check out that investor segment ... the RBA has some work to do on macroprudential tools. Pull yer finger out, lads (and ladies).

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