Building approvals fell 8.74% in April

Reported by AAP
Thursday, May 31, 2012

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Australian residential building approvals fell 8.74 per cent to 10,330 units in April.

This compares to a downwardly revised 11,312 units in March, seasonally adjusted.

In the year to April, building approvals were down 24.1 per cent, the Australian Bureau of Statistics (ABS) said on Thursday.

Economists' forecasts had centred on a 0.5 per cent rise in approvals in April.

24/05/2013 16:16Sydney, Australia. 24 May,2013
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