The Victorian Government is laying the groundwork for more housing to support workers in Ararat, creating jobs and supporting the region as it continues to grow.
“Sales of new detached homes in the first three months remain exceptionally strong with the second strongest start to the year since 2016, eclipsed only by last year,” stated HIA Economist Tom Devitt.
“Detached home commencements fell by 10.1 per cent in the final quarter of 2021 but the number of homes under construction continues to grow,” stated HIA Economist, Tom Devitt.
“Demand for new detached and multi-unit housing has remained strong, suggesting that the current boom in home building will be sustained throughout 2022,” stated HIA Chief Economist, Tim Reardon.
“The reopening of renovations in occupied homes ahead of schedule will provide a much needed boost to the residential building industry and help many families who have been waiting for their home renovations projects to either commence or resume,” said HIA’s Victorian Executive Director, Fiona…