NewsBite

Housing approvals drop at their fastest pace in 21 years

Michael Bleby
Michael BlebyDeputy property editor

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

New house approvals suffered their biggest monthly decline in more than 20 years in September but the decline gave little relief to a home-building industry already struggling with shortages of workers and material to fulfil existing demand.

Going up again: Apartment approvals are rising.  Ryan Stuart

Loading...
Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Residential

Fetching latest articles

Most Viewed In Property

    Original URL: https://www.afr.com/property/residential/housing-approvals-drop-at-their-fastest-pace-in-21-years-20211103-p595h3