Investing.com - Australian approvals to build new homes rose more-than-expected last week, official data showed on Thursday.
In a report, Australian Bureau of Statistics said that Australian Building Approvals rose to a seasonally adjusted 6.4%, from -21.2% in the preceding week whose figure was revised down from -17.3%.
Analysts had expected Australian Building Approvals to rise to 4.7% last week.
In a report, Australian Bureau of Statistics said that Australian Building Approvals rose to a seasonally adjusted 6.4%, from -21.2% in the preceding week whose figure was revised down from -17.3%.
Analysts had expected Australian Building Approvals to rise to 4.7% last week.