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Houses & People

Total new building approvals for houses and units increased by 7.5% over the month of September to 15,936 on a seasonally adjusted basis. If housing is created at this rate over the year we will 191,232 extra residences to cover net population growth of 220,000. With average household size of 2.5 we only need an extra 92,000 residences for the extra 220,000 people.

Posted Saturday, 1 November 2003

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