Australian Property

HIA sees record new home construction

Leith van Onselen
Monday, 24 November 2014
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By Leith van Onselen

The Housing Industry Association (HIA) has released a new report forecasting a record level of new home construction across Australia in 2014, and elevated construction levels to 2016:

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“In aggregate, we will commence nearly 190,000 new dwellings in 2014, surpassing the previous record of 187,000 back in 1994.”

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.