Surging house approvals make for strong year of home-building

Original article by Michael Bleby
The Australian Financial Review – Page: Online : 8-Jan-21

Approvals for detached homes rose 5.9 per cent to 11,712 in November, making it the highest figure since December 1999. This is according to figures released by the Australian Bureau of Statistics on 7 January, which also reported that approvals for apartments and other attached dwellings declined by 3.9 per cent, with total approvals being up 2.6 per cent. Detached home approvals in Queensland were up almost 17 per cent, while approvals in Western Australia were up seven per cent.


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