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09.11.202600:37:06UTC+00Decline in in Australia Private House Approvals Confirmed

Private-sector house approvals in Australia declined by 5.3% month-on-month to 10,432 units in September 2026, confirming preliminary estimates. This fall offset the 5.4% rise recorded in August. By state, approvals decreased in New South Wales (-1.8%) and Victoria (-0.1%), while they increased in Western Australia (1.9%), South Australia (1.8%), and Queensland (0.4%). On an annual basis, house approvals were up 9.6%, marking a sharp slowdown from the 21.2% surge seen in August.

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