General October Unit Approvals Falls Sharp, Marks the Residential Construction Cycle Peak Published 10 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