The number of home loan approvals for owner occupiers rose 2.2 per cent in October, bouncing back from the previous two month's declines.
The value of total housing finance was up 2.6 per cent at $30.03 billion for the month, seasonally adjusted data from the Australian Bureau of Statistics shows.
The value of new home loan approvals for owner-occupiers was up 3.5 per cent, while the value of investor loans was up 0.6 per cent.
The Australian dollar lifted from 71.89 US cents just before the data's release to 71.91 US cents at 1135 AEDT.
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