HIA calls bottom for Perth housing construction

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By Leith van Onselen

In the wake of the uptick in new home sales yesterday, the Housing Industry Association (HIA) has called a bottom for Perth’s housing construction. From The ABC:

Executive director John Gelavis said the increase [in new home sales] over the short term was pleasing to see.

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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.