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FX.co ★ Australian Private House Approvals Growth Slows Sharply in June

Australian Private House Approvals Growth Slows Sharply in June

Growth in private house approvals in Australia decelerated markedly in June 2026, signaling a loss of momentum in the housing construction pipeline. The rate of increase in approvals eased to 0.4% in June 2026, down from 2.8% in May 2026.

The latest data, updated on 30 July 2026, suggest that while approvals are still growing, the pace of expansion has cooled considerably month-on-month. This slowdown may indicate a more cautious stance from developers and homebuilders after a stronger May, and will likely be monitored closely by market participants assessing the outlook for residential construction and broader economic activity.

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