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November Real Estate Report

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ABS Labour Market Monthly Change September 2020

Jobs Found

Workforce Change

47,148

26,635

24,134

31,540

9,538

4,879

607

-1,387

33,840

58,339

NSW VIC QLD SA

WA

Similarly, a fall In ABS retail sales turnover seasonally adjusted over September

reflected clearly a strong decline In Victorian sales constrained by shutdown

policies. Retail sales volumes nonetheless remained higher than the levels

recorded prior to the autumn shutdown.

ABS National Home Building Loans Seasonally Adjusted August 2020

$35,000

$29,158m

$30,000

$27,759m

$25,000

$20,000

$15,000

$10,000

$5,000

$0

Jan-2019

Feb-2019

Mar-2019

Apr-2019

May-2019

Jun-2019

Jul-2019

Aug-2019

Sep-2019

Oct-2019

Nov-2019

Dec-2019

Jan-2020

Feb-2020

Mar-2020

Apr-2020

May-2020

Jun-2020

Jul-2020

Aug-2020

Sep-2020

The significant easing of shutdown policies In Victoria will act to reinvigorate the

local economy as evidenced by revivals In other states since autumn with higher

retail sales and significant increases In jobs and workforce growth.

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