housing approvals

Going strong into Spring: Capital city dwelling approvals remain on the up

The Australian Bureau of Statistics (ABS) released building approvals data for July last week, the data shows that across the capital cities the new pipeline of development is significant and growing. Building approvals data released last week showed that there had been a rebound in the number of dwellings approvals at a national level. Looking…

Australia’s medium density housing approvals near record high

The number of medium density home approvals across Australia is heading towards an all-time high, according to new research from Bankwest. The Bankwest Housing Density Report, the latest instalment from the Bankwest Financial Indicator Series, revealed medium density new home approvals are approaching a 20-year high, with 85,323 approvals in the 12 months to November…

2 more bits of good news for our property markets

More good news for those of us interested in property was released today. The Australian Bureau of Statistics reported an increase in dwelling approvals, particularly for houses and the Housing Industry Association reported that new home sales soared by 7.5% in November last year to a two-and-a-half-year high. More than 7000 new dwellings sold during…