Economic Buzz: Australia building permits surge 15.2% in November
On a yearly basis, building permits jumped 20.2 percent after slipping 2.2 percent in the previous month.
Approvals for private sector houses rose 1.3 percent on month and 3.2 percent on year to 9.458, while approvals for private sector dwellings excluding houses surged 34.1 percent on month and 55.3 percent on year.
The value of total building work approved rose 12.8 percent to A$18.38 billion, after a 1.8 percent October fall.
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