Summary: Home approval numbers fall 4.3% in September, slightly greater than expected decline; up 12.8% on annual basis; more softening coming, although “question mark” regarding units approvals remains; house approvals down 16.1%, aligns with continued unwinding of “HomeBuilder”; apartment approvals up 17.4%, likely to continue while investor lending strong; non-residential approvals down 11.3%, residential alterations down 20.0% over month. Building approvals for dwellings, that is apartments and houses, had been...