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 2.2%, from -9.5% in the preceding week whose figure was revised down from -6.9%.
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 2.2%, from -9.5% in the preceding week whose figure was revised down from -6.9%.
Analysts had expected Australian Building Approvals to rise to 2.0% last week.