Australia: Dwelling permits decreased for the 8th time in row

In March 2019 the dwelling permits were slightly above 14.500 units in Australia. Compared to the previous year, the value has dropped by -26,8% and compared to February, we have a decrease of the value by -10,4%. Compared on a yoy-basis, building permits have decreased for 8 months now. Based on this data, the B+L forecast for the current year expects a decline of 5,7 % compared to 2018.

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