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AAP
AAP
Business
Derek Rose

Building approvals rebound after plunge

A sharp bounce in apartment numbers have driven an increase in new dwelling approvals. (Jono Searle/AAP PHOTOS) (AAP)

Building approvals have rebounded after recently dropping to a decade low, but lending for housing continues to fall.

Overall dwelling approvals rose 28.1 per cent to 17,497 through August after an 18.2 per drop in July, the Australian Bureau of Statistics said on Tuesday.

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