Housing approvals fall for fifth month
Tasmania's housing industry continues to contract, according to official figures released this morning.
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According to the Australian Bureau of Statistics, home loan approvals fell by 0.4 per cent in trend terms in May in Tasmania - the fifth straight fall in 2014.
Nationally, approvals increased by 0.1 per cent in trend terms, while the value of housing finance was up 0.2 per cent.
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