HomeMate.com.au

Is the housing shortage real, or just a trumped up story to give home buyers the hurry up. I have changed my mind over the past two years. After repeating the story for years on my blogs of a growing housing shortage in Australia believing it to be true, I now believe it might have [...]

As the HIA advocates more Government handouts to stimulate the home building industry I wonder “has Australia’s peak housing body has lost its way?” The IMF are now saying that Government incentives, Stimulus packages and low interest rates hurt home builders and home owners because they disrupt housing sustainability. That is, they are the cause [...]

Home builders australia wide are doing it tough as home buyers shun high land prices. Land prices have hit the ridulous in Queensland, and this is where the pain for the construction industry is worst. There is no other reason but too higher land prices that I can see for people to stop wanting to [...]

Australian Bureau of Statistics [ABS] show that the number of new dwelling being constructed fell by 5.3 per cent in the fourth quarter, 4 times worse than economists were expecting. Single dwelling new homes were hit hardest. So it was felt as lower construction loans with mortgage brokers and banks everywhere. But that does not explain the reason for the new home construction slide.
That was after a fall of 13 per cent in home construction of all types in the September quarter. Victoria and South Australia recorded the most significant falls, but Queensland is hurting more right now.