Home approvals “close to bottom”

30 May 2019

 

Approvals figures for dwellings, that is apartments and houses, have been heading south since mid-2018. As an indicator of investor confidence, falling approval figures represent a worrying signal, not just for the building sector but for the overall economy. However, some economists think the bottom of the cycle may be approaching.  The Australian Bureau of Statistics have now released the latest building approval figures and they indicate total approvals have...

read full story