The article also warns about an imbalance in the economy as the only growth engine is fueled by the housing market.
The full report for the building approvals in January can be found here.
Tuesday, February 3, 2015
Australian housing market is booming
Business Insider termed the housing market as on fire in Australia. New building approvals accelerated by 7.9%, a major leap from last month`s -2.8%.
The article also warns about an imbalance in the economy as the only growth engine is fueled by the housing market.
The full report for the building approvals in January can be found here.
The article also warns about an imbalance in the economy as the only growth engine is fueled by the housing market.
The full report for the building approvals in January can be found here.
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