The Volume Of Housing Under Construction Remains High

Building activity data is released quarterly by the Australian Bureau of Statistics (ABS). The release includes substantial data including dwelling commencements, dwelling completions, dwellings under construction and dwellings approved but not yet commenced construction.  It provides a valuable addendum to the monthly building approvals data, offering additional insight into what is and isn’t being built.

 
Over the December 2017 quarter, there were 52,641 dwellings that…