February building approvals
ABS February building approvals today for Cairns SA4 was generally more subdued than desirable with the exception of houses at the northern beaches (SA2 Cairns North). Trinity Beach – Smithfield SA2 accounted for a dominant proportion of approvals. Also noted approvals weakness in Port Douglas SA2.
Dwelling approvals chart for combined Cairns SA4 has been updated in Building Approvals. Charts and additional information will be progressively added hopefully sooner rather than later.
Analysis and commentary at Conus: Regional Building Approvals data disappoints; new Conus Trend series for QLD Regions launched