Australian Housing finances falls in March

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Indiabulls Housing Finance March quarter net falls 2% to Rs 1,006 crore The company closed the year with assets of Rs 1,20,525 crore, and a balance sheet of Rs 1,30,104 crore.

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(RTTNews) – The total number of owner occupied housing commitments in Australia decreased for the fifth straight month in April, figures from the Australian Bureau of Statistics showed Tuesday. On a seasonally adjusted basis, total number of owner occupied dwelling commitments dropped 1.4.

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Both the value and number of housing finance commitments fell in March according to data released today by the Australian Bureau of Statistics. Seasonally adjusted, the value of finance fell 1.1% to $27.346 billion in the month while the number of new loans fell 0.9% to 52,013.