 Finance For New Home Building Weakens In April
Figures released today show that the number of loans for owner occupiers increased by 2.2 per cent to 66,016 in April due to a 2.7 per cent lift in finance for established dwellings. Loans for construction fell by 1.4 per cent and loans for the purchase of a new dwelling fell by 2.8 per cent.
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April Rise Masks Disappointing 2007
A lift in building approvals in April masks a flat new home building market in 2007
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Housing Finance Up But Finance for New Dwellings Down
Housing finance approvals rose in April driven by the purchase of established dwellings but lending for the construction and purchase of new houses continued to trend down, according to peak building and construction industry organisation, Master Builders Australia.
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Liveable Family Homes for Changing Lifestyles
Master Builders today launched a joint initiative with the Federal Minister for Ageing, The Hon Christopher Pyne MP, to encourage more builders and designers to deliver high quality, practical and liveable family homes that are adaptable to the changing lifestyles and needs of older Australians.
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Housing Set to Turn?
The increase in dwelling approvals in April signals cautious optimism that the long period of housing weakness may be coming to an end, according to Master Builders Australia, the peak body for the building and construction industry.
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New design challenges for building construction sector
Master Builders on Wednesday launched a joint initiative with the Federal Minister for Ageing, The Hon Christopher Pyne MP, to encourage more builders and designers to deliver high quality, practical and liveable family homes that are adaptable to the changing lifestyles and needs of older Australians.
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Aust construction sector is subdued for second month
The Australian construction industry remains in a subdued state with a leading indicator showing the sector contracted in May for the second month in a row.
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