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Showing 1 - 10 of 23 results for "Dwelling approvals"

Local housing market to reach inflection point: Research

CHLOE WALKER  |  TUESDAY, 12 DEC 2023
... acknowledged by government, policy makers and industry as a critical issue," it said. "Unfortunately, with dwelling approvals holding well below average levels in 2023, it is likely new housing starts will also remain low, despite the national objective ...

Delta to impact real estate market: Analysis

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 AUG 2021
... the past year, especially in inner-city Melbourne," he said. "This is reflected in a material reduction of dwelling approvals for units of four storeys or above... While sentiment has improved from last year's nadir in Sydney and south-east Queensland ...

Chief economist update: Australian economy gently turning which way?

BENJAMIN ONG  |  THURSDAY, 5 DEC 2019
... new and used dwellings fell 2.8% in the quarter and 11.0% through the year, reflecting continued weakness in dwelling approvals. Both houses (-2.1%) and other residential dwellings (-3.7%) contributed to the decline this quarter." And the "brighter outlook ...

Chief economist update: Building approvals on a slowing trend

BENJAMIN ONG  |  THURSDAY, 31 MAY 2018
... are - renders an analysis of the true state and trend in the housing market useless. This year alone, total dwelling approvals surged by 18.3% in the month of January, dropped by 6% in February, and climbed by 3.5% in April. The year-on-year estimates ...

Approved to build more dwellings

BENJAMIN ONG  |  WEDNESDAY, 31 MAY 2017
... announced in late March -- wouldn't be pleased with the Australian Bureau of Statistics' (ABS) report that total dwelling approvals increased by 4.4% in the month of April. While only partially reversing the 10.3% drop recorded in March, it was stronger ...

RBA dilemma

BENJAMIN ONG  |  TUESDAY, 4 APR 2017
... houses. Latest data on building approvals suggests Australians' love affair with property to continue. Total dwelling approvals jumped by 8.3% in February following a 2.2% pick up in the previous month, led by investment property (up 10.9% from 8.3%) ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 20 OCT 2016
... market conditions (aggregate hours worked contributing +0.40pts) and modest support from consumer sentiment and dwelling approvals (contributing +0.15ppts on a combined basis)". US housing starts Because of housing's large multiplier effect on the economy ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 31 AUG 2016
Australia dwelling approvals The Australian Bureau of Statistics' (ABS) latest tally on building approvals show total new dwellings approved jumped by a sharp 11.3% in the month of July, more than offsetting the declines registered in June (-4.7%) and ...

Economic Wrap

ALEX DUNNIN  |  TUESDAY, 2 AUG 2016
... net positive for the commonwealth budget notwithstanding there will be offsetting effects on deeming rates. Dwelling approvals fall in June: ABS The number of dwellings approved fell 0.9% in June 2016, in trend terms, according to data released by the ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 5 JUL 2016
Australian dwelling approvals The Australian Bureau of Statistics (ABS) released figures showing that total dwelling units approved dropped by 5.2% in the month of May, worse than market expectations for a 3.3% fall and more than reversing April's 3.3% ...
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