Large multi-residential developers in Australia have taken full advantage of the recovery in apartment building activity in Sydney and elsewhere to surge up the ranks of home building outfits and increase market share, according to a league table which ranks builders in the residential construction industry according to the volume of new dwellings on which they commenced work.

Unveiling the HIA Colorbond Steel Housing 100 for 2013/14 in Melbourne, the Housing Industry Association said the number of builders on the list that ranked multi-unit construction involving more than four storeys as a major business activity increased from 15 to 19. Meanwhile, Sydney based apartment builders Meriton Apartments more…