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1.Market Observations, 8.Was Sticky

8 Sept 2016 (AFR) – Apartment building expands while houses slows: Performance of Construction Index

(8 September 2016, AFR, p36, by Michael Bleby)

‘Construction activity contracted in August as house-building and new orders for standalone houses slumped, the Performance of Construction Index shows. The Ai Group/Housing Industry Association’s monthly readout on the industry fell back below 50, the measure that separates contraction from expansion, with a 5-point fall to 46.6. ‘

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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