Australian Property Updates

Property Information & Real Estate Updates

Daily Archives: 06/01/2011

Drop in building constrution in November

BUILDING approvals dived 4.2 per cent in November in a reflection of the impact of interest rate rises. Approvals fell 4.2 per cent to 13,158 units in November, seasonally adjusted, from an upwardly revised 13,728 units in October, the Australian Bureau of Statistics (ABS) said today. In the year to November, building approvals were down 9.9 per cent, evidence the ...

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