Is a renovation boom coming?

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By Leith van Onselen

The Housing Industry Association (HIA) has released new forecasts of a “boom” in home renovation activity:

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“2016 marked the strongest year since WWII for new home building starts in Australia but our forecasts indicate that activity is set to decline on this front over the next three years,” commented HIA Senior Economist, Shane Garrett.

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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.