Housing finance rises 3.5% in January

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Housing finance rises 3.5% in January

Australian housing finance commitments for owner-occupied housing rose 3.5% in January, seasonally adjusted, to 55,628, the Australian Bureau of Statistics said today.

Total housing finance by value rose by 0.7% in January, seasonally adjusted, to $18.880 billion.

Economists had expected the number of owner-occupier housing finance commitments to rise by 4% in January.

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AAP

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