Australian housing finance data for May 2023 rises

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Eamonn Sheridan

03/07/2023 | 01:30 GMT

Home loans +4.8% m/m

expected +1.4%, prior +2.9%

Owner occupied loans +4% m/m

expected +1.6%, prior -3.8%

Investor loans +6.2% m/m

prior -0.9%

Rising across the board despite persistently higher rates from the Reserve Bank of Australia.

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