Investing.com - Australian approvals to build new homes rose more-than-expected last week, official data showed on Tuesday.
In a report, Australian Bureau of Statistics said that Australian Building Approvals rose to a seasonally adjusted 11.4%, from -11.2% in the prior week whose figure was revised down from -11.0%.
Analysts had expected Australian Building Approvals to rise to 5.2% last week.
In a report, Australian Bureau of Statistics said that Australian Building Approvals rose to a seasonally adjusted 11.4%, from -11.2% in the prior week whose figure was revised down from -11.0%.
Analysts had expected Australian Building Approvals to rise to 5.2% last week.