General October Unit Approvals Falls Sharp, Marks the Residential Construction Cycle Peak Published 9 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 delicious magazine global flavours issue is out now – News + Articles Continue Reading Advertisement Advertisement Trending