Tag Archives: trend

Building Approvals drop back in August – but higher than 2012

Building approvals dropped back again in August 2013 although building approvals in 2013 are running at higher levels overall than in 2012.

Building approvals are continuing to trend higher in New South Wales but supply side constraints look like holding back the market for the short term at least.

In August 2013, total seasonally adjusted building approvals increased by 10.6 per cent in New South Wales.

Tom

Strong NSW Lending Figures Welcomed

The number of loans for the construction or purchase of new dwellings increased by 37.9 per cent year on year during May 2013. Over the three months to May, the number of loans increased by 39.4 per cent year on year.

This encouraging set of figures for May 2013 is in line with the trend over the current months showing a growth in the NSW new home construction market.

Tom.