Housing finance approvals fell for the eighth time in nine months in March.
The number of housing-finance approvals fell a seasonally adjusted 3.4% in March from February, the Australian Bureau of Statistics said. The ABS said the number of finance approvals to build houses fell a seasonally adjusted 7.3% in March from February and the number of approvals to buy newly built houses fell 3.2%.
The number of approvals for the purchase of established houses decreased 2.9%.