“Building approvals rebounded for the month of September (2019), increasing by 7.6 per cent compared to the previous month but remain well below levels experienced in recent years,” stated HIA Chief Economist Tim Reardon.
“The cost of land is one of the main components in determining the price of a new home,” said HIA Economist Angela Lillicrap.
“The amount of commercial building approval surged during August (2019) to record its strongest ever monthly performance,” Master Builders Chief Economist Shane Garrett said.
By: FenceWright WA
Safe Work Australia has developed a guide on the safe use of prefabricated, tilt-up and concrete elements.
By: House of Bamboo
The October 2019 edition of THE FENCE magazine is out now!
“The First Home Buyer share of the home loan market has increased to its highest since early 2012 while investor lending has risen for the second consecutive month,” Master Builders Australia’s Chief Economist Shane Garrett said.
“We could be seeing the early signs of the positive impacts from recent policy stimulus with lending for both new and existing homes up for the month and the quarter,” stated HIA Economist, Tom Devitt.
“The number of new homes commencing construction in the June (2019) quarter increased by 1.1 per cent, the first increase since December 2017,” said Tim Reardon, HIA Chief Economist.