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Despite some weakness in the national and state data for January, which showed some significant month-on-month declines (see here for details), figures released today for the regions show that strength was maintained in the North.
The data for the SA4 regions in Queensland, when seen through the lens of the Conus Trend series, showed a year/year increases of 30.7% in Greater Brisbane and 39.2% across the Rest of Queensland.
In our own region Cairns saw a lift to 134 Trend approvals in January which represents a 107.6% increase from a year ago. This is the highest level in Cairns in 11 years. In Townsville Trend approvals are now at 107 which is 114.4% above the level a year ago.
The full Conus Regional Building Approvals data for QLD SA4 regions is available for download below. Please feel free to use this data but kindly acknowledge Conus when you do so.
Conus Regional Building Approvals Trend QLD – Jan 2021
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series