Investing.com - Australian approvals to build new homes rose more-than-expected last week, official data showed on Monday.
In a report, Australian Bureau of Statistics said that Australian Building Approvals rose to a seasonally adjusted 2.8%, from -1.6% in the preceding week whose figure was revised up from -3.2%.
Analysts had expected Australian Building Approvals to rise to -2.0% last week.
In a report, Australian Bureau of Statistics said that Australian Building Approvals rose to a seasonally adjusted 2.8%, from -1.6% in the preceding week whose figure was revised up from -3.2%.
Analysts had expected Australian Building Approvals to rise to -2.0% last week.