General October Unit Approvals Falls Sharp, Marks the Residential Construction Cycle Peak Published 8 years ago on December 2, 2016 By Noosa Online News Publisher Share Tweet ADVERTISEMENT The Australian Bureau of Statistics October dwelling approvals data likely marks a significant turning point for unit supply, with the latest numbers showing unit approvals have plunged to their lowest levels in 2 years. The October data showed unit approvals have consistently trended lower since reaching a recent high point in July earlier this year. The seasonally adjusted series showed a monthly fall of 23.5% across the unit sector. Compared with the same time last year, unit… Click here to view the original article. Related Topics:corelogic.com.au Up Next Will customers buy into Coles’ new Little Treehouse collectables in the midst of a pandemic? Continue Reading Advertisement Advertisement Trending General18 hours ago Texas opens probe into Kellogg’s health claims, dyes General22 hours ago Donald Trump’s initial 10 per cent tariff takes effect General21 hours ago Jaguar Land Rover in UK pauses shipments to US General20 hours ago US collects tariff as Trump hails ‘economic revolution’