Master Builders Australia (MBA) has forecast bullish growth in Australian new home construction, tipping that dwelling commencements will rise to over 200,000 for the first time in Australia’s history in the year to June 2016. From The AFR:
Low borrowing costs will fuel accelerate demand in the long-neglected NSW market, pushing the market figure of 194,310 housing starts in the year to June 2015 up to 201,557 in the year to June 2016, the MBA says.
