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07/08/2013 - 13:50

Loan approvals show housing recovery

07/08/2013 - 13:50

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Home loan approvals continue to rise, showing that low interest rates are working their way into the housing sector.The number of home loan approvals in June rose 2.7 per cent to 51,001, the Australian Bureau of Statistics said, beating economists' expectations of a 2.0 per cent rise.

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