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๐—•๐˜‚๐—ถ๐—น๐—ฑ๐—ถ๐—ป๐—ด ๐—”๐—ฝ๐—ฝ๐—ฟ๐—ผ๐˜ƒ๐—ฎ๐—น๐˜€ ๐—™๐—ฎ๐—น๐—น ๐Ÿฎ๐Ÿฐ%

The number of home building approvals remains at low levels, pointing to a shortage of new housing in the not-too-distant future.

A total of 13,085 approvals were issued in December, which was 9.5% lower than the previous month and 24.0% lower than the previous year, according to the Australian Bureau of Statistics.

Over the past 15 years, an average of 16,040 approvals have been issued each month โ€“ and approvals numbers have now been below this long-term average for 12 consecutive months.

With Australiaโ€™s population growing strongly, so too is demand for housing, but supply is struggling to keep up.

Subiaco finance brokers are here to help

Interest rate rises are here, but you donโ€™t have to fear with the right broker on your side.

The team at Sonam Capital are here to empower you through financial knowledge. Weโ€™ll take the time to get to know you and your unique situation and speak in a language you can understand, with strategies you can implement for the best possible outcomes.

Nick, Wayne and Amanda at Sonam Capital are your Subiaco finance specialists.

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