Thursday, Dec 14, 2006

Sluggish market hits builders in Australia

The Age: Sluggish market hits builders

BUILDERS continue to face difficult conditions, with the number of housing starts barely rising in the September quarter.

Economists and industry groups point to poor levels of housing affordability and rising interest rates as reasons for the sluggish conditions in many parts of the country.

Posted by phil @ 09:10 PM (515 views)
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