14.05.2013 - Australian March home-loan approvals rise by most in four years
Australian home-loan approvals rose the most in four years in March as central bank interest-rate cuts lured buyers into the market. The number of loans granted to build or buy houses and apartments advanced 5.2 percent from February, when they rose a revised 2.1 percent, the statistics bureau said in Sydney today. The median estimate in a Bloomberg News survey of 16 economists was for approvals to rise 4 percent...............................................Full Article: Source
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