There is a lot of confusion around Rising Damp. Many people confuse rising damp with other signs of moisture in their building, like a leaking roof for example.
“The opportunity to get the housing market moving again has never been greater. State and territory governments must grab it,” Master Builders Australia’s Chief Economist Shane Garrett said.
“Housing is a national priority and the appointment of Michael Sukkar as Minister for Housing is recognition of this fact,” stated Graham Wolfe, HIA’s Managing Director.
“The HIA Affordability Index rose by 2.2 per cent in the March 2019 quarter to post the most significant improvement in affordability since September 2013,” said Tim Reardon, HIA Chief Economist.
“Lending for the purchase or construction of a new home has fallen to its lowest level since September 2013,” stated HIA’s Chief Economist, Tim Reardon.
“The importance of the First Home Buyer (FHB) segment of the market has grown again, with newly released figures for March (2019) showing that their share of the market is at its largest in nearly 7 years,” Shane Garrett, Chief Economist said.
Bipartisan support for a First Home Loan Deposit Scheme couldn’t come at a better time for first home buyers in Sydney and across NSW, according to one of the largest home builders in the state, Metricon.
“The contraction in the housing market over the past six months has occurred faster and is larger in scale than the contraction experienced after the GFC,” said Geordan Murray, HIA Senior Economist.
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) dropped a further 3.0 points to 42.6 in April 2019, with a return to growth in engineering construction failing to offset continued declines in housing activity, commercial construction and apartment building work…
The WA Government will provide further economic support and introduce a targeted housing stimulus, to assist the local housing market and construction sector in Western Australia.