The value of new loans granted for owner-occupied homes in Australia jumped 5.5 percent from the previous month to AUD 12.99 billion in June 2020.
Home Loans in Australia averaged 10454.06 AUD Million from 2002 until 2020, reaching an all time high of 14633.90 AUD Million in August of 2017 and a record low of 5949 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 August of 2020. source: Australian Bureau of Statistics
Home Loans in Australia is expected to be 7500.00 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 10500.00 in 12 months time. In the long-term, the Australia Home Loans is projected to trend around 12900.00 AUD Million in 2021 and 14000.00 AUD Million in 2022, according to our econometric models.