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
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
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
The latest ABS data on housing approvals indicates a fall in NSW compared to an increase in Victoria.
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
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
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
New home construction in Alberta continues to rebound, led by growth in single-family homes.
Large Builders Grab Bigger Share of Falling Housing Market
As Australia’s new home building market commences an anticipated decline, larger builders are grabbing a greater share of the pie, leaving smaller builders to fight over...
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...
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...
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.
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...
NSW Housing Approvals Falling
The Australian Bureau of Statistics latest data on Housing Approvals indicates that NSW approvals are dropping compared to Victoria.
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...
Houses, Apartments Lift February Construction
Home building, including that of city apartments, led an expansion in construction activity in February.
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,...
Report Forecasts Decline in Nonresidential Building
According to the Spring 2018 Forecast Quarterly Report, nonresidential building starts in the United States will drop by 1.6 percent in 2018. However, the decline can...