Wednesday, 11 February 2026

But home starts still low – down 4% over 12 months – good for demand for existing stock

The ABS released this week the 12 month figures to August 2012, revealing the seasonally adjusted new private sector dwellings approved dropped 4%, including 0.5% fall last month after a 1.9% rise in July. Continued undersupply inevitably will...

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by The Weekly Source

The ABS released this week the 12 month figures to August 2012, revealing the seasonally adjusted new private sector dwellings approved dropped 4%, including 0.5% fall last month after a 1.9% rise in July. Continued undersupply inevitably will strengthen demand for existing stock.

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