AAP General News (Australia)
02-03-2004
Fed: Building approvals slide for second month in a row
Building approvals fell for the second month in a row in December, indicating two back-to-back
interest rate rises have taken some steam out of the housing market.
The Australian Bureau of Statistics says building approvals fell 1.5 per cent in December,
following a 6.7 per cent slump in November.
The …
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