Investing.com Australian approvals to build new homes fell more-than-expected last week, official data showed on Wednesday.

In a report, Australian Bureau of Statistics said that Australian Building Approvals fell to a seasonally adjusted -5.0%, from 6.9% in the preceding week whose figure was revised up from 6.8%.

Analysts had expected Australian Building Approvals to fall to -2.5% last week.



Please LIKE our Facebook page - it makes us stronger