Category Archives: Housing

Nervous times for construction industry with downswing underway

Last week I forecast a continuing downswing in construction activity (Trouble in Qld construction industry & worse may be to come) and the March quarter construction data released by the ABS on Wednesday have confirmed this (see chart below), as … Continue reading

Posted in Housing, Uncategorized | Tagged , , , | Leave a comment

Trouble in Qld construction industry & worse may be to come

Referring to the recent failures of building companies such as CMF Projects, CKP, and Cullen, the Courier-Mail this morning observed: …we hear that even the higher profile builders (household names actually) are getting nervous with soaring costs cutting into profits, … Continue reading

Posted in Housing, Uncategorized | Tagged , , , , , , , , , , | 2 Comments

Still lots of room to boost population density in Brisbane

The vexed issue of heritage protection is in the news again, with controversy over the development of two apartment blocks behind the 1886 Clayfield heritage home Mundumburrah”, which will be raised and brought forward on its lot to accommodate the … Continue reading

Posted in Housing, Uncategorized | Tagged , , , , , , , , | 5 Comments

RBA making it up as it goes along

After a speech by Assistant RBA Governor Michele Bullock yesterday, there is speculation about the RBA pushing APRA to instruct banks to further restrain their lending to housing investors- strengthening the so-called macro-prudential regulation that has had only limited success … Continue reading

Posted in Housing, Macroeconomy, Uncategorized | Tagged , , , , , , , , , , | 6 Comments

Residential construction at peak in current cycle in Qld

The mini-boom in residential construction, of both inner Brisbane apartments and detached houses in outer-lying areas in SEQ, such as Ripley, Springfield and Yarrabilba, has been important to the economy over the last couple of years. This mini-boom now appears … Continue reading

Posted in Housing, Macroeconomy, Uncategorized | Tagged , , , , , , , | 2 Comments

Brisbane unit values fell nearly 3% on average over 12 months to end of January

The huge supply increase in Brisbane apartments has resulted in a fall in unit values of 2.7% in the 12 months to 31 January, according to new CoreLogic estimates published yesterday (see Chart 1, based on data available in the … Continue reading

Posted in Brisbane, Housing, Macroeconomy, Uncategorized | Tagged , , , , , , , , | 2 Comments

CommSec highlights importance of residential construction to Qld economy

The latest State of the States report from CommSec highlights the current importance of residential construction to the health of the Queensland economy. As reported by John McCarthy in today’s Courier-Mail: QUEENSLAND’S economy is starting to emerge from the mining … Continue reading

Posted in Housing, Macroeconomy, Mining, Tourism, Uncategorized | Tagged , , , , , , | Leave a comment