Tuesday, 16 June 2009

Housing recovery soon: HIA - May 28, 2009

http://business.smh.com.au/business/housing-recovery-soon-hia-20090528-bobs.html

The Housing Industry Association is forecasting a recovery in the housing market will begin mid-year.

Given the outlook for a modest rather than significant recovery in new home building, the shortfall between dwelling completions and underlying demand will exceed 50,000 dwellings per annum for some years to come

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