Building/Construction Activity Remains Elevated – CoreLogic

Earlier last week the Australian Bureau of Statistics (ABS) released their building activity data for the March 2018 quarter.  The release includes data on dwelling commencements, dwelling completions, dwellings under construction and dwellings that are approved for construction but not yet commenced.

Dwelling commencements

 
 
Based on seasonally adjusted data there were 57,112 dwelling commencements nationally over the March 2018 quarter.  This figure consisted…