Tag Archives: housing

Good signs for building industry, but conditions will remain weak this quarter

Yesterday’s new ABS data on housing loans were a good sign for the Queensland building industry, as they confirmed strong growth through the year (at 5.8%) in lending for the construction and purchase of new dwellings (also see the HIA media … Continue reading

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Still waiting for building industry recovery

The Queensland building industry will continue to experience lean times over coming months with building approvals remaining significantly lower than they were before the financial crisis (see chart below based on today’s latest ABS data). While seasonally adjusted building approvals … Continue reading

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Ipswich will play important role in eventual recovery of Qld building industry

With Springfield continuing to grow and a new master-planned community being developed at Ripley Valley, Ipswich will play an important role in the eventual recovery of Queensland’s building industry from its current weak condition. Indeed, residential land data published today … Continue reading

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Loans data confirm very slow recovery in housing – is regulation constraining the sector?

The Housing Industry Association (HIA) gave an apt summary of today’s ABS housing finance data in the title of its media release Home lending up but not by enough. The Queensland data (see my chart below) are consistent with building … Continue reading

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Building industry recovery most evident in Brisbane and Central Qld (192% growth through the year)

After reading the Townsville Bulletin report Housing Industry is Rebuilding I found the Master Builders media release on the ABS’s regional building approvals data released earlier this week. The media release includes a useful summary of the data that has … Continue reading

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