New apartment approvals surge at fastest pace on record in Australia

According to The Australian Financial Review, the approvals of new apartments and houses rose at their fastest monthly rates on record in February, giving a boost to Australia’s housing pipeline.
Total dwelling approvals leapt 43 per cent from January to a seasonally adjusted total of 18,675, Australian Bureau of Statistics figures showed recently.

https://www.afr.com/property/residential/new-apartment-approvals-surge-at-fastest-pace-on-record-20220331-p5a9p0