3.10 AUSTRALIA

2019-12-09
According to data officially released by the Australian government, the country saw an actual GDP growth rate of 2.7% in 2018.  As indicated by the Housing Industry Association, development of apartment building construction peaked in 2018, the year of the second-highest record of construction activities when 222,000 apartments were under construction. In 2018, the top 100 builders enjoyed 12.3% growth in revenues from apartment construction, up to 25.4 billion Australia dollars.
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