Housing Industry Organization Chief Economist Tim Reardon has predicted that detached housing production will set an all time record in 2021 in Australia. The demographic shifts resulting from the Covid-19 Pandemic are the root cause. According to Reardon: ““Regional locations in many states are showing a larger increase in activity than capital cities as the population moves away from inner city living.” This mirrors a trend reported in other nations.
More at: links.hia.com.au.
Email this Blog entry
