Dwelling commencements fall 12.6%
Market watch top headlines
Australian reports
- Aust markets: Aust stocks close lower
- Aust dollar report: $A rises above 98 US cents
- Aust credit close: Aust bonds prices weaker
World reports
- World commodities: Commodities markets summary
- World markets: International markets roundup
SYDNEY, June 20 AAP
June 20 2012, 11:40AM
Australian dwelling commencements fell 12.6 per cent in the March quarter to 30,623 units, official figures show.
The seasonally-adjusted March quarter result was down from an downwardly revised 35,033 units for the December quarter, the Australian Bureau of Statistics (ABS) data, released on Wednesday, show.
December's dwelling commencements had also fallen, dropping 6.9 per cent from the September quarter.
In the year to March 2012, total dwelling commencements had dropped 24.5 per cent, seasonally adjusted.
Copyright ©
Fairfax Digital
