7 June 2001, 16:22  Australia April housing finance up 0.4 pct from March, up 15.8 pct yr-on-yr

SYDNEY (AFX) - Housing finance by volume in April rose a seasonally adjusted 0.4 pct to 48,007 units from March and was up 15.8 pct year-on-year, the Australian Bureau of Statistics said. In March, housing finance by volume rose 10.1 pct from February. The median of analyst forecasts was for a rise of 1.3 pct in April, with expectations ranging from a fall of 4.0 pct to a rise of 7.0 pct.

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