Construction pipeline increased in April

Tuesday 15 May 2018

CoreLogic has released its Cordell Construction Monthly report, which reveals that both the number and value of projects moving into construction, as well as the total number of new projects collected, rose in April.

Specifically, the overall value of construction of new projects captured over the month was $14.8 billion, up $2.0 billion (14%) from March. Apartments also remained the biggest construction segment:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.