According to Master Builders Australia, the peak body for the building and construction industry, building approval figures fell again in April 2011, emphasizing the volatile nature of the current market around the country. “Non-residential building indicators remain decidedly soft and the much anticipated upswing in residential building activity remains in doubt as householders remain cautious [...]
23rd July, 2010
The continued decline in land sales could fuel the ongoing demand for established houses. A recent report highlights that for the second consecutive quarter in March 2010, the volume of residential land sales fell and the median land values flattened out. The latest residential land report from HIA and rpdata.com identified the risk of a [...]
The Federal Government has launched the Universal Housing Design standards in a bid to make new homes more livable. Under a new voluntary agreement with industry, the Federal Government aims to have new homes meet specific targets by 2020 to meet the new rating system. This bold move to improve living standards for young families, [...]