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BIS: Apartment market faces years of implosion

November 8, 2019 - 10:20 -- Admin

The latest dwelling approvals data from the ABS shows that unit & apartment approvals are running 54% below their June 2016 peak, after collapsing by 31% over the past year alone: The situation is equally dire for high-rise approvals, which have collapsed across the three major markets, down by 54% (NSW), 58% (VIC) and 70%

The post BIS: Apartment market faces years of implosion appeared first on MacroBusiness.

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