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New Residential Buildings to fall by 50%

New residential buildings to fall by 50% 

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Published on 3 August 2016

New multi-residential buildings for the whole of Australia are forecast to plummet by 50% by 2020, but there will be a tsunami of supply over the next 12 months, except in NSW.

This is according to analyst and forecaster BIS Shrapnel, which has released its Building in Australia 2016-2031 report.

It revealed, however, that NSW will buck this forecast trend and remain undersupplied for some time, even though it, too, will experience a slowdown in home building.

For more details kindly click the link below:

http://www.reinsw.com.au/imis15_prod/Web/newsroom/latestnews/web/Posts/Latest_News/201607/New_residential_buildings_to_fall_by_50.aspx?utm_source=Licence+renewal+email&utm_medium=Email+marketing&utm_campaign=CPD+course

 

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