Home approvals fall again; high-rise a “key concern”

01 October 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. There had been some expectation of a recovery in recent months but quality concerns in the high rise sector appear to be adding a new complication.  The Australian Bureau of Statistics...

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