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Home loans fell 1.5% in Dec

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AAP

2013-02-11

The number of home loans approved in December fell 1.5 per cent to 45,335, official figures show.

That was from an downwardly revised 46,031 in November.

Economists had expected the number of housing finance commitments to be unchanged in December.

The Australian Bureau of Statistics said on Monday that total housing finance by value fell 2.6 per cent in December, seasonally adjusted, to $20.836 billion.