You are using an older browser version. Please use a supported version for the best MSN experience.

Building approvals fall 1.8% in August

AAP logoAAP 4/10/2016

Approvals for the construction of new homes fell 1.8 per cent in August, which was better than market expectations of a 6.0 per cent fall.

Over the 12 months to August, building approvals were up 10.1 per cent, the Australian Bureau of Statistics said on Tuesday.

Approvals for private sector houses fell 1.3 per cent in the month, and the 'other dwellings' category, which includes apartment blocks and townhouses, was down 3.6 per cent.

image beaconimage beaconimage beacon