The approvals for home building market in Western Australia has dropped for about ten percent from the month of October to November but home builders say they look forward to seeing the market to get better this year.
According to The Housing Industry Association, the approvals for single detached housing fell by only just over one percent and most of their down falls were in multi-unit lots.
John Dastlik said the decline for the percentage of approvals was expected.
"We've seen a slight softening within Western Australia down about ten point three per cent for the month of November in comparison to October, not unexpected," he said.
Mr Dastlik says he expects the approvals to rise up this 2010.
Source: ABC News
Image Source: mlive.com
1 comments:
This blog gives me the inspiration I’ve been looking for! Nice piece of work. I’m glad I came by this blog on the web and thanks for sharing this bit.
Skies Miltonia
Post a Comment