People arent buying new houses this is good for villages
The new housing market is the worst in 20 years with approvals 18% below long-term averages, according to Matthew Quinn before he retired as CEO of Stockland pre-Christmas. He predicted January to June 2013 will be very tough. All this against...
The new housing market is the worst in 20 years with approvals 18% below long-term averages, according to Matthew Quinn before he retired as CEO of Stockland pre-Christmas. He predicted January to June 2013 will be very tough. All this against steadily decreasing interest rates.
The ABS found that in November commitments to purchase new dwellings fell by 10.3%, seasonally adjusted
Over the past five years Sydney has built an average of 20,200 homes a year while its population has increased by 61,000 people each year which should require 30,000 new homes. Melbourne has been building nearly double the number of new homes to Sydney [39,000 a year]. Sydneys population is 4.7 million and Melbourne 4.1 million
