New residential buildings to fall by 50%
Latest news from REINSW
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
Your email address will not be published
Your Name *
Your Email *
Your Number *
Address of the property *
From 'The Block' to 'Grand Designs', home renovation and real estate shows have become a true small screen phenomenon, captivating audiences with dramatic transformations and inspiring home renovators and DIY enthusiasts at the same time. But for any wannabe property...
How to improve water efficiency in rental properties nsw.gov.au/housing-and-construction/landlords/how-to-improve-water-efficiency-rental-properties 5 December 2024 If a landlord wishes to charge a tenant for water usage, they must ensure the rental property meets certain water efficiency measures. From 23 March 2025 landlords must...
Amidst Australia's historic two-year rate hike cycle, the property market has become a picture of resilience and decline, showcasing stark contrasts across cities, suburbs, and regions. A CoreLogic Australia analysis comparing the property market's performance two years before and after...
At Move Realty, our commitment to supporting our local community remains unwavering. On 30th May, in recognition of World MS Day, we proudly join the global MS community in collaboration with MS Australia to raise awareness and share stories about...
Are you an organized and proactive individual with a passion for real estate? Do you thrive in a fast-paced environment where attention to detail and efficiency are valued? If so, we have the perfect opportunity for you! Position: Executive Secretary...
Investing in a self-managed super fund property has become an increasingly popular strategy in Australia, offering SMSF members greater control and flexibility over their retirement savings. With the ability to invest retirement funds directly in real estate, many SMSF trustees...
Rent this immaculate ultra-modern spacious new 2-bedroom granny flat, thoughtfully designed offers peace and privacy with a fully fenced back yard. Enjoy the light filled open living area with split aircon and quality interiors. Conveniently located in the highly sought-after...
The real estate market is experiencing an unprecedented surge in demand for urban properties, as buyers seek comfortable and convenient living spaces in the heart of bustling cities. This surge comes despite initial concerns about the pandemic's impact on the...
The pace of home price falls has eased in recent months, with the housing market downturn losing momentum. In February, national home prices rose 0.18% as limited supply and sustained buyer demand supported property values. Key highlights from the February...
Find the right house over
The pace of home price falls has eased in recent months, with the housing market downturn losing... Disaster funding has been