Off the wire
• China's PMI rebounds to 50.1 in March  • Dollar trades at upper 119 yen level in early Tokyo deals  • China's March non-manufacturing PMI dips  • Tokyo shares open lower on weak business sentiment  • Japan's big firms to cut capital spending by 1.2 pct in FY2015  • Australian April Fool's Day pranks fool thousands  • Public transport to be free for fans at Rio 2016  • Rio Olympics tickets go on sale  • Xinhua world news summary at 0030 GMT, April 1  • Australian scientists discover unique way to prevent dengue fever  
You are here: 　 Home

Approvals of new Australian housing falls in Feb.: official data

Xinhua, April 1, 2015 Adjust font size:

Australian building approvals dropped 3.2 percent in February contrasting from record high figures in January, the Australian Bureau of Statistics (ABS) announced on Wednesday.

However, the rate of new building approvals over the past year is still high up 14.3 percent.

The lower rate of approvals in February was caused by a drop in approvals for new apartments and townhouses, which declined 6 percent.

Over the past 12 months to February, approvals for apartments have jumped 36.2 percent. Endi