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Australian Building Approvals -3.3% vs. -5.0% forecast

Published 03/02/2015, 00:30
Updated 03/02/2015, 00:35
Australian Building Approvals -3.3% vs. -5.0% forecast
Investing.com - Australian approvals to build new homes fell less-than-expected last week, official data showed on Tuesday.

In a report, Australian Bureau of Statistics said that Australian Building Approvals fell to a seasonally adjusted -3.3%, from 7.7% in the prior week whose figure was revised up from 7.5%.

Analysts had expected Australian Building Approvals to fall to -5.0% last week.

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