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Residential Construction Outlook Low rates and stimulus to boost construction
- January 6, 2010
- Posted by: admin
- Category: Finance News
No CommentsResidential construction turns on low mortgage rates, high demand and First Home Owners Boost. Public and private sector residential commencements expected to rise strongly over next two years. Population growth of 2.1%, or 443k, in the year to June 2009 continues to lift housing demand. Residential construction set to rise over the next few years.