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qld residential building turns corner….

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In the March 2012 quarter the seasonally adjusted values of both residential building work and private non-residential building work in Queensland both increased – by 6.3% and 1.4% respectively. These increases are the first in some 18 months and go against the national trend.

Indicators for approvals and borrowings also suggest further increases for both residential and non-residential building work for the remainder of 2012.

Source: UDIA Queensland

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