The Housing Industry Association (HIA) has today released its Spring 2015 National Outlook, which once again forecasts the peaking of Australia’s dwelling construction boom in 2014-15 before recording a 5.5% decline in dwelling starts this financial year followed by a further decline of 13.4% in 2016/17. From the Media Release:
“New home building may well have reached the summit with a record 212,000 dwelling commencements in 2014/15,” said HIA Chief Economist, Dr Harley Dale…

