Record low interest rates and a fast growing population have pushed the number of new home approvals to an all-time high in March.

Approvals for the construction of new homes rose 2.8 per cent to 19,419 in March, the highest monthly reading for the figures, which go back to 1983.  And it seems we’re quickly becoming a nation of flat and townhouse dwellers instead of homes on the traditional quarter acre block. The…