Australia Home loans (May): +1.1% m/m (vs. expected -2.0%)

Housing fiancé data from Australia for May

Home loans +1.1% m/m

• expected -2.0%, prior was -1.4%

Investment lending -0.1% m/m

• prior was -0.9%

Owner-occupied loan value +0.7% m/m

• prior was +0.2%

more to come

--

For background on this, the previews here:

• Australian housing finance data due today - preview for home loans data
• Australian May housing finance data due today - preview 2 on the home loans data

---

I am going to have admit enjoying putting "May" into so many headlines.

It must be driving the GBP algos nuts ;-)