AdviserVoicehousing demand Archives - AdviserVoice https://www.adviservoice.com.au/tag/housing-demand/ Financial planner information & financial planner education/CPD - AdviserVoice Mon, 08 Jun 2026 21:25:34 +0000 en-US hourly 1 https://wordpress.org/?v=7.0 Biggest housing slump in a decade https://www.adviservoice.com.au/2010/11/biggest-housing-slump-in-a-decade/ https://www.adviservoice.com.au/2010/11/biggest-housing-slump-in-a-decade/#respond Wed, 24 Nov 2010 07:01:53 +0000 https://adviservoice.com.au/?p=4352 Construction work done

  • Construction work done fell from record highs, down by 2.1 per cent in the September quarter. In real terms the value of construction work done fell to $41.4 billion in the September quarter.
  • Residential building slumped by 6.1 per cent in the quarter– marking the biggest quarterly fall in nearly a decade. Private sector work fell by down 5.9 per cent CommSec estimates the slide in residential building will detract 0.2-0.3 percentage points to September quarter GDP growth
  • The longer term outlook for commercial and residential construction is still positive. Construction work yet to be done stood at $42.4 billion in the September quarter, down a modest 6.0 per cent from the record highs reached in the March quarter.
  • CommSec estimates that overall construction costs rose by 0.7 per cent in the September quarter – marking the biggest rise in two years. In annual terms, construction costs are now up 1.4 per cent on a
    year ago.

Click here to download this document (pdf)

]]> Construction work done

  • Construction work done fell from record highs, down by 2.1 per cent in the September quarter. In real terms the value of construction work done fell to $41.4 billion in the September quarter.
  • Residential building slumped by 6.1 per cent in the quarter– marking the biggest quarterly fall in nearly a decade. Private sector work fell by down 5.9 per cent CommSec estimates the slide in residential building will detract 0.2-0.3 percentage points to September quarter GDP growth
  • The longer term outlook for commercial and residential construction is still positive. Construction work yet to be done stood at $42.4 billion in the September quarter, down a modest 6.0 per cent from the record highs reached in the March quarter.
  • CommSec estimates that overall construction costs rose by 0.7 per cent in the September quarter – marking the biggest rise in two years. In annual terms, construction costs are now up 1.4 per cent on a
    year ago.

Click here to download this document (pdf)

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]]> https://www.adviservoice.com.au/2010/11/biggest-housing-slump-in-a-decade/feed/ 0 Housing slowdown may delay rate hike https://www.adviservoice.com.au/2010/10/housing-slowdown-may-delay-rate-hike/ https://www.adviservoice.com.au/2010/10/housing-slowdown-may-delay-rate-hike/#respond Mon, 04 Oct 2010 06:54:51 +0000 https://adviservoice.com.au/?p=1337 Trends in housing

  • The release of the building approvals and home price data is an opportune time to focus on the latest trends in the housing market. Dwelling approvals, new home sales and home prices all fell again in the
    latest month, raising hopes that the Reserve Bank will delay any rate hike for at least a month.
  • Amongst the key trends: there are fresh doubts about the apparent under-supply of homes in Australia –in fact non-NSW housing approvals were at record highs in the year to August; Victoria is the clear leader in home building while NSW activity is again slipping back towards record lows; home prices have softened in response to a slowdown in demand for property; and buyers are switching from free-standing homes to units and townhouses in many states and territories.
  • Exacerbating the decline in housing demand has been the shortsighted reduction in migrant numbers by the Federal Government. The slowdown in migrant inflows over the past year has been the biggest ever recorded.

Click here to download this document (pdf)

]]> Trends in housing

  • The release of the building approvals and home price data is an opportune time to focus on the latest trends in the housing market. Dwelling approvals, new home sales and home prices all fell again in the
    latest month, raising hopes that the Reserve Bank will delay any rate hike for at least a month.
  • Amongst the key trends: there are fresh doubts about the apparent under-supply of homes in Australia –in fact non-NSW housing approvals were at record highs in the year to August; Victoria is the clear leader in home building while NSW activity is again slipping back towards record lows; home prices have softened in response to a slowdown in demand for property; and buyers are switching from free-standing homes to units and townhouses in many states and territories.
  • Exacerbating the decline in housing demand has been the shortsighted reduction in migrant numbers by the Federal Government. The slowdown in migrant inflows over the past year has been the biggest ever recorded.

Click here to download this document (pdf)

The post Housing slowdown may delay rate hike appeared first on AdviserVoice.

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