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Approvals For The Construction Of New Homes Added 3% In April, Compared To Expectations Of...

Discussion in 'Fundamental Analysis' started by Angela_Riplay, May 31, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Australian building approvals increased for a third consecutive month during the April, thus spurring doubts on the relatively common opinion that residential construction will slow in the future years. According to the Australian Bureau of Statistics, approvals advanced 3% to 20,243 after seasonal adjustments, and were better than market expectations[​IMG]

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