Build­ing ap­provals on the slide

Sunshine Coast Daily - - NEWS -

BUILD­ING ap­provals con­tinue to drop on the Sun­shine Coast with 21.6 per cent fewer handed down this month com­pared to last month.

Over the past 12 months build­ing ap­provals in the re­gion had fallen by 15.2 per cent, down to 4410 in the past 12 months com­pared to 5198 the year be­fore.

Re­gional Queens­land ap­provals had dropped 14.7 per cent this year and were down by 22.6 per cent in the last month.

Mas­ter Builders Deputy CEO Paul Bid­well said the fig­ures “speak vol­umes” and added weight to the calls to bring back the $5000 Boost to the First Home Own­ers’ Grant to re­gional Queens­land.

“The boost was a vi­tal tool for first home buy­ers to get a foot in the door of the hous­ing mar­ket. With­out it, home own­er­ship has been put even fur­ther out of reach,” Mr Bid­well said.

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