Australia’s m/m Building Permits came in at 3.3%, beating the expected reading of 3.0% and putting further distance on the previous month’s -9.4% contraction. Despite the improved reading, the annualized reading is highlighting the Australian housing market’s struggles, with the y/y Building Permits figure declining by -14.1%, further slipping from the previous reading of -13.6%. Key highlights (via ABS) TOTAL DWELLING UNITS The trend estimate for total dwellings approved fell 1.9% in September. The seasonally adjusted estimate for total dwellings approved rose 3.3% in September. PRIVATE SECTOR HOUSES The trend estimate for private sector houses approved fell 1.5% in September. The seasonally adjusted estimate for private sector houses fell 2.7% in September. PRIVATE SECTOR DWELLINGS EXCLUDING HOUSES The trend estimate for private sector dwellings excluding houses fell 2.7% in September. The seasonally adjusted estimate for private sector dwellings excluding houses rose 9.2% in September. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next AUD/USD keeps gains after mixed Aussie housing data FX Street 4 years Australia's m/m Building Permits came in at 3.3%, beating the expected reading of 3.0% and putting further distance on the previous month's -9.4% contraction. Despite the improved reading, the annualized reading is highlighting the Australian housing market's struggles, with the y/y Building Permits figure declining by -14.1%, further slipping from the previous reading of -13.6%. Key highlights (via ABS) TOTAL DWELLING UNITS The trend estimate for total dwellings approved fell 1.9% in September. The seasonally adjusted estimate for total dwellings approved rose 3.3% in September. PRIVATE SECTOR HOUSES The trend estimate for private sector houses approved fell 1.5% in September.… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
