housing

Australia’s building permits surged 8.9% year-on-year in June, according to the latest data, accelerating from a 5.3% rise recorded in the previous period..

Australia’s building permits, a key indicator of future construction activity, rose 5.3% year-on-year in May, a notable deceleration from the 10.2% growth recorded.

Australia’s building permits fell by 1.1% in May, missing market expectations of a 1.0% increase, according to the latest data from the Australian.