Investing.com - Australian approvals to build new homes fell unexpectedly last week, official data showed on Monday.
In a report, Australian Bureau of Statistics said that Australian Building Approvals fell to a seasonally adjusted -2.4%, from -1.7% in the preceding week whose figure was revised up from -4.4%.
Analysts had expected Australian Building Approvals to rise to 2.8% last week.
In a report, Australian Bureau of Statistics said that Australian Building Approvals fell to a seasonally adjusted -2.4%, from -1.7% in the preceding week whose figure was revised up from -4.4%.
Analysts had expected Australian Building Approvals to rise to 2.8% last week.