Thats an impressive result, well above estimate. This data can be volatile though, depending on multi-unit approvals.
The 10.4% rise in July is to a 14-month high of 14,797 approvals.
- private house approvals +0.6%, a 21-month high
- apartment approvals rose 32.1% to an 8-month high
This article was written by Eamonn Sheridan at www.forexlive.com.
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