Home building faces a 'shallow' 20 per cent decline - The Australian Financial Review
5/24/2022 12:00:00 AM2 years 11 months ago
by Michael Bleby
by Michael Bleby
Even as higher rates and affordability cut demand for houses, the boom will level out above previous troughs, an industry group says in its latest forecasts.
Ongoing strong demand for homes is assisting builders to trade through this cycle, but rising borrowing costs and slowing demand will increase cash flow pressures, before the availability of material… [+2141 chars]
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