BIS: Australian housing starts to fall 22%

Monday 23 July 2018

Back in May, the Housing Industry Association (HIA) released forecasts showing that housing starts would fall 17% in total to 2020:

Now, BIS Oxford Economics has projected that housing starts will fall 22% from 2018’s estimated figure of 219,000 to 171,350 in 2020. From The AFR:

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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.