Archive | October, 2016

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Although dwelling approvals fell in August they remain at very high levels

Earlier today the Australian Bureau of Statistics released the latest building approvals data for August 2016.  The data showed that the strength in residential dwelling approvals is continuing.  Over the month there were 20,788 dwellings approved for construction which was a moderate -1.8% lower over the month but 10.1% higher than the number in August […]

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Auction volumes fall due to the Labour Day long weekend as well as the NRL and AFL grand finals, while the clearance rate remains steady

There was a substantial drop in auction numbers this week due to the grand finals and the Labour Day long weekend. 853 properties were taken to auction last week, with a preliminary clearance rate of 77.5 per cent, compared to the same time last year when there were 865 auctions were held, with a clearance […]

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