In Australia, the housing finance for owner occupation rose a seasonally adjusted 2.7% month-on-month in February, the Australian Bureau of Statistics said Tuesday. Housing finance increased to A$14.5 billion from A$14.1 billion in January.
At the same time, personal finance declined 0.2% to A$6.49 billion, and commercial finance dropped 14.7% to A$25.05 billion. However, lease finance increased 1.7% to A$463 million.
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