Building permits data for July showed a continued plunge.
Post is here:
In it I had this graph showing the trend for approvals:
If you really want a positive spin I guess less building will be supportive of house prices. never moind all the negatives.
Anwyay ...
AUD us under 0.6715 as I update. NZD/USD is also lower again on the session circa 0.6295.
