Investing.com - Australian approvals to build new homes rose more-than-expected last week, official data showed on Wednesday.
In a report, Australian Bureau of Statistics said that Australian Building Approvals rose to a seasonally adjusted 2.4%, from -5.2% in the prior week whose figure was revised down from -4.4%.
Analysts had expected Australian Building Approvals to rise to 1.0% last week.
In a report, Australian Bureau of Statistics said that Australian Building Approvals rose to a seasonally adjusted 2.4%, from -5.2% in the prior week whose figure was revised down from -4.4%.
Analysts had expected Australian Building Approvals to rise to 1.0% last week.