Day: January 25, 2019

The HIA warns Australia’s housing construction downturn could get nasty unless credit continues to flow

Australia’s Housing Industry Association (HIA) has warned that tighter lending standards risks exacerbating the downturn in residential construction activity already under way. The HIA is forecasting that housing starts will slow to 183,230 by the 2020/21 financial year, more than 50,000 less than the peak of 233,970 homes that began construction in the 2015/16 financial …

The HIA warns Australia’s housing construction downturn could get nasty unless credit continues to flow Read More…

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