HomeMate.com.au

New home sales are falling despite record housing shortages. Are home builders part of the problem? What is really wrong with home building industry today. Most Home builders see the market cool and do nothing, continue to design homes that nobody really wants, or copy what appears to work for more successful builders seem to [...]

The housing market is going nowhere, and this is affecting new home sales as people shelve their plans to build a new home, that was to be financed from the sale of their existing home.
It looks like this situation will continue as home prices are under pressure to fall further in 2011.

Mr Mortgage says that lower future homeownership levels are seen as part of a trend that he feels can be reversed if the root causes are addressed.
What has to happen is that the dream of homeownership needs to be resold to an older first home buyer that is now entering the market, and entry needs to be made easier.