As demand for housing continues to ramp up, cranes dot the sky working on new office towers throughout Sydney and the state gears up for a massive program of public infrastructure investment, the building and construction market in New South Wales is running hot and is expected to continue to do so in the future.

Below is an outline of current market conditions and the near-term outlook for the state in terms of residential construction, commercial building, engineering construction and construction industry employment. Residential As is well documented, Sydney specifically and New South Wales more generally is the home of the national housing recovery as…