The value of new loans granted for owner-occupied homes in Australia declined by 1.8 percent from the previous month to AUD 21.70 billion in February 2021, after soaring 10.9 percent to a record high of AUD 22.11 billion in January. The decrease was mainly driven by reduced loan commitments for existing dwellings, although the value of these loan commitments remained 39.7 percent higher than in February 2020. source: Australian Bureau of Statistics
Home Loans in Australia averaged 10701.50 AUD Million from 2002 until 2021, reaching an all time high of 22111.40 AUD Million in January of 2021 and a record low of 5986.30 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 April of 2021.
Home Loans in Australia is expected to be 13000.00 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 14000.00 in 12 months time. In the long-term, the Australia Home Loans is projected to trend around 14000.00 AUD Million in 2022, according to our econometric models.