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Residential Construction News

Saturday February 23, 2019

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Building Approvals Plummet to Five Year Low
Business
Wednesday January 9 2019

Building Approvals Plummet to Five Year Low

Building approvals in Australia have fallen to their lowest level in more than five years as concerns about the extent of the likely downturn in housing...

Australia’s Housing Boom Losing Steam
Residential
Friday March 16 2018

Australia’s Housing Boom Losing Steam

Total building commencements will continue to rise in the coming months but activity is expected to decline next financial year as Australia's housing boom begins to...

RBA says Restrictive Zoning Adds $489,000 to a Sydney House
Zoning
Thursday March 15 2018

RBA says Restrictive Zoning Adds $489,000 to a Sydney House

The research by Ross Kendall and Peter Tulip presents a very disturbing picture of how much cost has been added to houses and apartments in Sydney....

NSW Defect Bond Scheme is Beset with Problems
Residential
Friday February 23 2018

NSW Defect Bond Scheme is Beset with Problems

Few issues force politicians to act on dodgy building practices more than reports of 85 percent of new apartments being riddled with defects.

NSW Housing	Approvals Dropping Below Victoria
Residential
Friday February 2 2018

NSW Housing Approvals Dropping Below Victoria

The latest ABS data on housing approvals indicates a fall in NSW compared to an increase in Victoria.

Builders Must Fight for Affordable Housing
Residential
Wednesday January 31 2018

Builders Must Fight for Affordable Housing

In 2015, a study by international housing charity Habitat for Humanity revealed that a whopping 1.6 billion people worldwide did not have adequate housing and that...

Residential Construction, Single-family Home Sales Decline 58% in 2017
Residential
Tuesday January 30 2018

Residential Construction, Single-family Home Sales Decline 58% in 2017

The supply shortage that helped drive up the average price of a newly built, single-family home 23 per cent year-over-year in December, to $1.23 million, will...

Sask. Residential Construction Trails National Average
Residential
Tuesday January 30 2018

Sask. Residential Construction Trails National Average

A new report by Statistics Canada suggests residential construction numbers in Saskatchewan are lagging behind the rest of the country.

New Home Construction Rebounds in Alberta
Residential
Thursday January 4 2018

New Home Construction Rebounds in Alberta

New home construction in Alberta continues to rebound, led by growth in single-family homes.

Residential
31 Aug, 2018
Less Building May Lift Home Prices: Report

House prices are cooling off in Sydney and Melbourne but could rise again as the pace of new home building slows, a report has warned.

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Residential
2 Aug, 2018
Surprise Jump in June Building Approvals

Approvals for the construction of new homes jumped 6.4 per cent in June, well above the one per cent improvement economists had expected, the Australian Bureau...

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Residential
31 Jul, 2018
Sydenham To Bankstown Planning Backdown Bad For Future Housing Supply

The backdown by the NSW Government on it’s Planned Precincts along the Sydenham to Bankstown corridor is yet another pre-election move that will put new housing...

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Residential
20 Jun, 2018
US Housing Starts Jump 5 per Cent in May

A surge of construction drove US housing starts up five per cent in May from the prior month - the strongest pace since July 2007.

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Residential
15 Jun, 2018
Melbourne Dominates Australia’s Housing Hotspots List

According to the HIA Population & Residential Building Hotspots Report 2018, the Mickleham-Yuroke area of Melbourne is Australia’s number one Hotspot, with population growth of 35.3...

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Residential
9 Mar, 2018
NSW Housing Approvals Falling

The Australian Bureau of Statistics latest data on Housing Approvals indicates that NSW approvals are dropping compared to Victoria.

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Residential
9 Mar, 2018
Jump in Apartment Construction Keeps Prices High

Approvals for the construction of new homes jumped in January on the back of a strong recovery in high-rise construction that economists expect will keep pressure...

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Residential
9 Mar, 2018
Houses, Apartments Lift February Construction

Home building, including that of city apartments, led an expansion in construction activity in February.

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Residential
28 Feb, 2018
Residential Construction Costs Accelerate 5% in Victoria Over 2017

In Victoria, the cost of constructing a house accelerated by 5% in 2017 according to the CoreLogic CHIP index December quarter results. According to the measure,...

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