Despite tightening rental markets and a housing supply shortage, building approvals fell by almost 2% in August, according to the latest data from Australian Bureau of Statistics.
Building approvals drop to 24-year low
Published 11 Oct, 2007
Home property development Building approvals drop to 24-year low
Despite tightening rental markets and a housing supply shortage, building approvals fell by almost 2% in August, according to the latest data from Australian Bureau of Statistics.
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Nila Sweeney is a broadcast journalist, print and digital writer and editor with 10+ years’ experience creating hard-hitting content across multi-media platforms.
Previously the Managing Editor of Your Investment Property Magazine, Nila is now a property reporter at the Australian Financial Review.
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