Developer Reacts to City Deals & Sydney Commission’s Plans

Construction activity saw a rebound in the value of new residential development applications captured over February. The combined value of development proposals for February was $12.6 billion; almost half of which was residential. Residential application values over February totalled $6.1 billion, which represents a 64% month on month increase. 

For new residential projects captured by CoreLogic, New South Wales saw a $3.5 billion application, entailing works for the Wilton North Precinct….