The approvals of new apartments and houses rose at their fastest monthly rates on record in February, giving a boost to Australia’s housing pipeline.
Total dwelling approvals leapt 43 per cent from January to a seasonally adjusted total of 18,675, Australian Bureau of Statistics figures showed on Thursday.
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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
