Australia's housing starts fall in Q4

Source: RTT News
© Scanpix/RS
Housing starts in Australia decreased in the last three months of 2012 after recording a steep advance in the Q3, the report released by the Housing Industry Association showed on Wednesday. According to the report new housing starts fell 2.3% on a sequential basis in the Q4 reversing an increase recorded in the previous quarter of 7.4%.

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