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Forex News: AUD Home Loans

Posted by Basil Fayad on Tue, 07/08/2008 - 8:31pm in

Expected at -2.0%

Actual -7.9%

Prior -3.0%

 

Reflects lower real estate sales and less buying power for AUD housing market.  this is the fourth straight decline since the beginning of the year positive number of +4.3% and incidentally is also the all-time lowest number in the history of the index itself.