The number of home loans taken out has increased by 1.8 per cent over August, reaching the highest point the sector has seen since January this year.

 

The Australian Bureau of Statistics released the figures that show a total of 45,821 home loans were taken out for owner occupied housing, representing a 1.8 per cent bump.

 

The trend estimate for the total value of dwelling finance commitments excluding alterations and additions rose 0.2%. Owner occupied housing commitments rose 0.6%, while investment housing commitments fell 0.5%.

 

The full data set can be found here