The value of new loans granted for owner-occupied homes in Australia dropped by 4.1 percent from the previous month to AUD 19.84 billion in October 2021, after a 2.7 percent fall in September. This was the fifth straight month of declines, amid an ongoing coronavirus pandemic, with the value of loan commitments for the construction of new dwellings declining further (-6.9 percent vs -5.0 percent in September). Compared to the same month a year earlier, the value of these loan commitments climbed 15.1 percent. source: Australian Bureau of Statistics

Home Loans in Australia averaged 11047.48 AUD Million from 2002 until 2021, reaching an all time high of 23437.40 AUD Million in May 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 - data, historical chart, forecasts and calendar of releases - was last updated on December of 2021.

Home Loans in Australia is expected to be 20500.00 AUD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Australia Home Loans is projected to trend around 19000.00 AUD Million in 2022 and 20000.00 AUD Million in 2023, according to our econometric models.

Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
Australia Home Loans

Calendar GMT Actual Previous Consensus TEForecast
2021-11-01 12:30 AM Sep -2.7% -6.6% -2% -3%
2021-12-02 12:30 AM Oct -4.1% -2.7% 1% 1.9%
2022-01-14 12:30 AM Nov -4.1%

Related Last Previous Unit Reference
Building Permits -12.90 -3.90 percent Oct/21
Housing Index 167.20 156.70 points Jun/21
Home Loans 19840.00 20690.00 AUD Million Oct/21
Construction Output -0.30 0.80 percent Sep/21
Home Ownership Rate 66.20 67.50 percent Dec/18
Australia Home Loans
In Australia, Home Loans record the value of new loans granted for owner-occupied homes. A housing unit is said to be owner-occupied if the owner or co-owner lives in the unit. It is a leading indicator of demand in the housing market.