The article also highlighted the imbalance in the Australian economy as growth currently is fueled mainly by the housing market.
The full report on the building approvals can be found here.
Tuesday, March 3, 2015
Insane growth in Australia`s housing market
The high growth was so unexpected that Business Insider used the headline "The Australian housing market is on fire." Building approvals accelerated by 7.9% in January, compared to -2.8% in December.
The article also highlighted the imbalance in the Australian economy as growth currently is fueled mainly by the housing market.
The full report on the building approvals can be found here.
The article also highlighted the imbalance in the Australian economy as growth currently is fueled mainly by the housing market.
The full report on the building approvals can be found here.
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