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Is the construction crisis over? One of Australia’s leading property economists believes the residential construction crisis is just about over, which should have a positive impact on the property market overall. Ray White Group Chief Economist Nerida Conisbee explains that a rise in building costs, peaking at 21% per annum in July 2022 made it more expensive to build and contributed to a reduction in homebuilding activity. However, thanks to the easing of supply chain blockages this growth is beginning to return to normal levels. https://lnkd.in/gj3wkuZQ Matthew Stack - Loan Market - South West Commercial 0423 237 242 We're [aid by the lender, not you. #mortgagebroker

New home construction, known as housing starts, plunged 6.8% in July after June starts were revised lower. Starts are now at the lowest level since May 2020, when the world was shut down due to the pandemic. A jump in multifamily construction was not enough to offset the losses from single-family building. Read more analysis from KPMG Senior Economist Yelena Maleyev. https://bit.ly/4cwLAzN

New home construction, known as housing starts, plunged 6.8% in July after June starts were revised lower. Starts are now at the lowest level since May 2020, when the world was shut down due to the pandemic. A jump in multifamily construction was not enough to offset the losses from single-family building. Read more analysis from KPMG Senior Economist Yelena Maleyev. https://bit.ly/46QdiWY

New home construction, known as housing starts, plunged 6.8% in July after June starts were revised lower. Starts are now at the lowest level since May 2020, when the world was shut down due to the pandemic. A jump in multifamily construction was not enough to offset the losses from single-family building. Read more analysis from KPMG Senior Economist Yelena Maleyev. https://bit.ly/4cwRznY

New home construction, known as housing starts, plunged 6.8% in July after June starts were revised lower. Starts are now at the lowest level since May 2020, when the world was shut down due to the pandemic. A jump in multifamily construction was not enough to offset the losses from single-family building. Read more analysis from KPMG Senior Economist Yelena Maleyev. https://bit.ly/4dLdklb

New home construction, known as housing starts, plunged 6.8% in July after June starts were revised lower. Starts are now at the lowest level since May 2020, when the world was shut down due to the pandemic. A jump in multifamily construction was not enough to offset the losses from single-family building. Read more analysis from KPMG Senior Economist Yelena Maleyev. https://bit.ly/4dpi7c1

New home construction, known as housing starts, plunged 6.8% in July after June starts were revised lower. Starts are now at the lowest level since May 2020, when the world was shut down due to the pandemic. A jump in multifamily construction was not enough to offset the losses from single-family building. Read more analysis from KPMG Senior Economist Yelena Maleyev. https://bit.ly/4dOC2kq

New home construction, known as housing starts, plunged 6.8% in July after June starts were revised lower. Starts are now at the lowest level since May 2020, when the world was shut down due to the pandemic. A jump in multifamily construction was not enough to offset the losses from single-family building. Read more analysis from KPMG Senior Economist Yelena Maleyev. https://bit.ly/3X9Pbz4

New home construction, known as housing starts, plunged 6.8% in July after June starts were revised lower. Starts are now at the lowest level since May 2020, when the world was shut down due to the pandemic. A jump in multifamily construction was not enough to offset the losses from single-family building. Read more analysis from KPMG Senior Economist Yelena Maleyev. https://bit.ly/3MccaTS

New home construction, known as housing starts, plunged 6.8% in July after June starts were revised lower. Starts are now at the lowest level since May 2020, when the world was shut down due to the pandemic. A jump in multifamily construction was not enough to offset the losses from single-family building. Read more analysis from KPMG Senior Economist Yelena Maleyev. https://bit.ly/46RIapX