General
Social Housing Projects Boost August’s Residential Construction
Over August, the construction pipeline continued to be dominated by civil engineering projects over residential projects according to the CoreLogic Construction Monthly Report. However, CoreLogic commercial analyst Eliza Owen noted that August was an unusually high month for apartment and unit commencements, rebounding from a low June quarter.
She said, “We saw the total value of new development applications in the pipeline over August recording an estimated $17.5 billion dollars. This is…
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