ABC Radio this morning reported that finance approvals for owner-occupier dwellings in Queensland rose by 2% in December.
Master Builders Association spokesman Paul Bidwell called it a promising start to the year. "On the back of a 1.7 per cent increase in November, it's a very promising sign for us, considering that since August 2009 finance approvals have been in decline."
It is a promising start but there is also a feeling in the industry that it may be another twelve months before housing construction gets back to the 2009 levels.
Building designers are often the first to feel a change in housing activity and we would love to hear from building designers about what's happening out in the marketplace. If you have noticed any change, please post a comment here.
Showing posts with label home loan approvals. Show all posts
Showing posts with label home loan approvals. Show all posts
Wednesday, February 16, 2011
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