Building Approvals Plummet to Five Year Low
Building approvals in Australia have fallen to their lowest level in more than five years as concerns about the extent of the likely downturn in housing...
NSW Housing Approvals Dropping Below Victoria
The latest ABS data on housing approvals indicates a fall in NSW compared to an increase in Victoria.
Aussie Construction Expectations Soar
Expectations within the building and construction sector in Australia have soared as leading indicators paint an encouraging picture of the sector’s prospects.
Is Construction Volume the First Sign of Building Industry Downturn?
The construction boom in Australia may have passed its peak in its ability to act as a driver of economic growth, the latest figures suggest.
Residential Construction at 2-year Low
Residential building approvals have slumped to their lowest level in just over two years.
Canadian Building Permits Down
The value of Canadian building permits fell by the most in eight months in September, driven by a decline in construction intentions for commercial buildings, though...
Australian Apartment Approvals Slump
The boom in the red-hot apartment building sector appears to be tapering off slightly as approvals for multi-residential construction appear to be slowing down.
Building Approvals Signal Housing Slowdown
A broad-based fall in building approvals has provided more evidence of an approaching slowdown in residential investment and a potential oversupply of housing.
Australia’s Hottest Residential Construction Markets Unveiled
Queensland, Victoria and New South Wales have taken the lead as the nation’s hottest housing construction markets, according to the latest report.
March House Approvals at Five Year Low
“March building approvals marked the weakest month for detached house approvals since 2013,” said HIA’s Senior Economist Geordan Murray.
Building Approvals Fall Even Further
Building approvals have fallen further yet again despite having previously hit five year lows, the latest data shows.
Building Approvals Climb 17.1%
Approvals for the construction of new homes rose 17.1 per cent in January on the back of a strong recovery in high-rise construction, easily beating the...
Building Figures Point to Housing Slowdown
A sharp fall in home building approvals in December has provided further evidence of the slowdown in Australia's housing market.
Anti-development Approach Will Reduce Housing Supply
The announcement that Mirvac is pulling out of a proposed housing development in the Hills Shire is a response to the anti-development approach taken by the...
Building Approvals Jump 11.7% in November
Approvals for the construction of new homes have jumped by 11.7 per cent, boosted by a spike in apartment and townhouse construction activity in Victoria, Western...
Kiwi Slips vs Aussie on Building Approvals
The New Zealand dollar fell against the Australian dollar on Tuesday after figures showing a sharp jump in building approvals across the Tasman revived optimism about...