Decline in wa home construction predicted 20150812 p5tg9p.html – Breaking News & Latest Updates 2026
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This was published 11 years ago

Decline in WA home construction predicted

AAP

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Western Australia's residential construction is forecast to decline from recent all-time highs, according to a Housing Industry Association report.

The HIA state outlook report for WA predicts a 22 per cent drop in residential construction by 2017/18, as the state's mining downturn continues.

HIA executive director John Gelavis said weakening mining investment meant new home building had become an important source of economic growth for the state.

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"The market will take some time to adjust to the economic conditions in the post mining boom era," Mr Gelavis said.

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