Housing starts hit seven-year low

The construction industry has hit a wall, with the number of new houses and units built nationwide plummeting to a seven-year low.

New figures from the Bureau of Statistics show the number of dwellings built in the three months to September 30 dropped 10.7 per cent compared with the previous three months.

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http://www.domain.com.au/Public/Article.aspx?id=1229189667230&index=NationalIndex&headline=Housing%20starts%20hit%20seven-year%20low

Paul Castran

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