The decline in Australia's housing construction has further to run, economists say, despite a stronger than expected pick-up in the apartment sector triggering a slight overall gain in housing starts.
New building starts rose 1.1 per cent to 46,315 in the three months ended June 30, driven by a 21 per cent increase in attached dwellings from the previous three months.
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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