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Australia Feb Housing Approvals Up 21.6% M/M

AUSTRALIA DATA
MNI (Singapore)
  • Australia's seasonally adjusted estimate for total dwellings approved rose 21.6% in February, following a 19.4% monthly fall in January
  • Private sector housing approvals rose by 15.1% in February, reaching a new record high of 13,939 houses.
  • The value of total buildings approved rose 23.3% in February in seasonally adjusted terms.

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