Australia: Dwelling Permits Lowest Since January 2013
In December 2018 the dwelling permits were slightly above 12.000 units in Australia. This is -23,9% under the annual average and the lowest since January 2013. If we put these numbers next to those from the last 10 years, the highest value is 23.501 units, and can be found in November 2017 while the lowest value is 7.431 units, back in January 2009. Compared to the year before, the value has decreased by -25,7% and compared to November, the value has decreased by -25,5%. Based on this data the B+L forecast for the current year leads to a yearly growth rate of -2,8%.