Australia: Dwelling permits Highest in 3 Months

In May 2019 the dwelling permits were 15.685 units in Australia. This is -2,5% under the annual average and the highest since February 2019. In comparison to the last 10 years the highest value was 23.501 units in November 2017 and the lowest value was 7.431 units in January 2009. Compared to the year before, the value has decreased by -18,7% and compared to April, we have an increase of the value by 16,0% Based on this data, the B+L forecast for the current year leads to a yearly decline of -2,5%.

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