Australia building approvals for July: -5.2% m/m (expected -2.0%) - ConsultFX

Australia building approvals for July: -5.2% m/m (expected -2.0%)

Australia building approvals for July -5.2 % m/m and a big miss -5.6 % y/y and ditto for the miss  - expected -3.0% y/y, prior +1.6% Something to note is this has been slowing, no doubt on that, slowing for an albeit high level. There is plenty of supply coming on line, which is a factor weighing on prices. As