“The latest National Survey of Building and Construction shows that residential building activity has entered more challenging waters,” according to Master Builders Australia’s Chief Economist Shane Garrett.
A trend of improving affordability is taking root in the major capital cities - due largely to falling housing prices,” commented Geordan Murray, HIA Acting Principal Economist.
A comprehensive study of housing supply across capital cities and regional centres has forecast mixed fortunes for the coming three years, according to Propertyology.