Construction developments exceed the 5-year average

Dec 4, 2017

Though the 1,945 from construction development applications and proposals recorded in October is 2.8% lower than that of September, it is still above the average of 1,775 for the past 5 years. Total development applications value amount to AU$17.6 billion, higher than the 5-year average of AU$9.3 billion and the AU$11.2 billion recorded in September.

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Source: www.corelogic.com.au