Signs of improvement for building sector[Migage]

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Building approvals rose 7.4 per cent in March | News.com.au
Last updated: May 25, 2013

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Building approvals rose 7.4 per cent in March

AUSTRALIAN residential building approvals rose 7.4 per cent to 11,501 units in March.

This compares to a downwardly revised 10,710 units in February, seasonally adjusted.

In the year to March, building approvals were down 15.0 per cent, the Australian Bureau of Statistics (ABS) said today.

Economists' forecasts had centred on a 3.0 per cent rise in approvals in March.
 

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Hang Seng 22669.6797 -591.4 -2.54
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DJIA 15294.5 -12.67 -0.08
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CAC 40 3967.1499 -83.96 -2.07
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Euro Top100 2512.1399 -53.33 -2.08
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AUD/USD 0.9682 +0.0 +0.05
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Oil 0.0 0.0
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