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 14.4%, from -1.6% in the preceding week whose figure was revised up from -4.7%.
Analysts had expected Australian Building Approvals to rise to 2.7% last week.
In a report, Australian Bureau of Statistics said that Australian Building Approvals rose to a seasonally adjusted 14.4%, from -1.6% in the preceding week whose figure was revised up from -4.7%.
Analysts had expected Australian Building Approvals to rise to 2.7% last week.