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Regional building approvals for February 2017 released by the Australian Bureau of Statistics saw another spike in total building work approved.
Australia needs supply not demand focused solutions to address our national affordability challenges, said the Housing Industry Association.
Latest ABS figures on new home building approvals indicate that activity across the outer fringes of the Lower Hunter is performing well, reported the Housing Industry Association, the voice of Australia’s residential building industry.
The South Australian market for Building Indemnity Insurance is being consolidated under QBE from 1 July 2017 with significant changes to the market.
The release of building activity figures by the ABS for the final quarter of 2016 shows that the year was rounded off in a reasonably strong fashion, said the Housing Industry Association (HIA).
The State Government needs to encourage South Australian first home buyers in the next Budget if the State is to regain its reputation as an affordable state, Master Builders SA says.
Building more new homes is the only solution to tackling the nation’s multiple housing policy challenges and Master Builders Australia welcomes the Treasurer’s recognition that this is the case.
The volume of loans for new homes dropped back by 1.2 per cent during February 2017 for the second consecutive month, said the Housing Industry Association, the voice of the residential building industry.
A fall in new South Australian home building is only being partly offset by new units and apartments – but the softening of the local market is likely to be swamped by East Coast heat when the State Government needs to focus on local issues, Master Builders SA says.
The continuing housing boom in Sydney and Melbourne has driven business confidence to a two year high in the latest National Survey of Building and Construction for the March quarter 2017.