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AAP
AAP
Business
Jacob Shteyman

FOUND: Real opportunity for homebuyers as values bottom out - You Need To See This

Tim Lawless CoreLogic Melbourne Sydney
An uptick in unit approvals was good news for housing supply but the numbers are still below target. (Darren England/AAP PHOTOS)

A surge in new apartments has helped home approvals rebound but the government's ambitious housing supply target remains well out of reach.

Dwelling approvals rose 0.7 per cent in December after a 3.4 per cent drop the month prior, the Australian Bureau of Statistics reported on Monday.

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