Housing planning approvals plummet to record-low, says HBF

By Alex Funk2025-01-07T12:01:00

Unit approvals must increase by over 150% if government is to meet its 370,000-home annual target

Data from the Home Builders Federation (HBF) has revealed the number of sites green-lit for development in the third quarter of 2024 was the lowest total since 2006.

The representative body’s latest Housing Pipeline Report showed a 10% decline in site approvals during the months July to September from the previous quarter, with 2,260 permissions granted.

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