“The population clock has ticked over to 25 million sooner than predicted and it is more important than ever that housing supply is kept strong to ensure affordable housing for future generations,” HIA Deputy Managing Director, Graham Wolfe said.

The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) increased by 1.4 points to 52.0 in July 2018, signaling industry-wide growth for an 18th consecutive month (readings above 50 indicate expansion in activity, with the distance from 50 indicating the strength of the increase).

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