09
Jun 2011
AUSTRALIA’S construction industry has stalled, which shows a high vulnerability to a hike in interest rate.
Just recently in the news, it has been shown in a report that Australia’s construction industry has shrunk for the 12th consecutive month.
According to a survey, house-building activity has fallen for the twelfth consecutive month and now is vulnerable to further interest rate hikes.
House builders look to be threatened with a hike in interest rates as its house-building activity has stalled. more…
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10
May 2011
The last month of the first quarter of 2011 has seen a rise in Australian residential building approvals of a seasonally adjusted 9.1 per cent to 13,627 units in March. This positive development is a sure step towards a positive improvement from an upwardly revised 12,492 units in February.
This means that house builders or home builders are now quite busy building display homes and have increased the number of house and land package available in the market. more…
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Category: Display Homes, Home Builders, Home Construction, House Builders, House Plan, House and Land Packages, display houses
Tags: Display Homes, Home Builders, home plans, house and land package, House Builders
05
Apr 2011
According to Economic forecaster BIS Shrapnel, a surge of 25 percent in the activity of civil construction will be observed over the next three years. This increase in activity is due to flood reconstruction as well as mining and LNG-related work. This is projected to result for the first time in overall activity breaching $100 billion in 2014.
Construction activity would rise up by 20 percent in 2011-12 and 2012-2013, in contrast to the weaker growth of 2.8 per cent in 2009-10 and a forecast 5 per cent for 2010-11, as projects are nearing to completion after the global financial crisis as reported by BIS Shrapnel yesterday. more…
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Category: Australian Homes, Home Builders, Home Construction, House Builders, display houses
Tags: builders home, builders homes, builders house, Home Builder, Home Builders, homes builders, House Builders
24
Mar 2011
The Urban Development Institute of Australia reported that about 8000 jobs were lost in the construction sector for the last three months due to floods, cyclones, and record-low housing approvals.
Houses in Brisbane which are median-priced cost an excess of $ 102,554 more than what an average wage of a family can afford. These numbers reflect a bad prognosis ahead due to Premier’s delayed Building Revival Forum this coming April 12, at which the construction sector depends on this to help the home builders survive from this turmoil. more…
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Category: Australian Homes, Home Builders, Home Construction, Homes for Sale, House Builders, Houses for Sale, Real Estate for Sale
Tags: builders home, builders homes, builders house, Home Builders, homes builders, House Builders
23
Mar 2011
Australia has hit the lowest residential property sales last year for the decade. But still houses for sale in Australia still continued on its marketing. Home builders still continued with its productions and renovations.
Though homes for sale will not be expected to have price increase, it is expected and noted to have an increase regarding its sales.
According to a property research company, it is optimistic to say that this year, the housing finance commitments have increased and improved as compared to last year which was twenty percent below average. more…
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Category: Australian Homes, Home Builders, Home Construction, Homes for Sale, House Builders, House Estimation, Houses for Sale, Real Estate for Sale
Tags: Home Builders, Homes for Sale, House Builders, Houses for Sale, houses for sale in australia
