WA Residential Market Bucks The National Trend

May 3, 2019 | Category: Economic Update

WA Residential Market Bucks The National Trend

The Western Australian residential building market is bucking the National trend. WA private residential approvals improved 3%+ in March versus a very weak month for residential approvals across the rest of the major states. It is also encouraging that WA residential sales are now up year on year in trend terms versus over 20% declines being experienced across the East Coast of Australia.

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