Building industry recovery most evident in Brisbane and Central Qld (192% growth through the year)

After reading the Townsville Bulletin report Housing Industry is Rebuilding I found the Master Builders media release on the ABS’s regional building approvals data released earlier this week. The media release includes a useful summary of the data that has enabled me to produce the chart below. Our booming Central Queensland region continues to stun me.

regionalbuildingapprovals

Pete Faulkner at Conus has also posted on the new regional Queensland data:

Regional Building Approvals data suggests recovery in place

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