Ups and Downs
Posted
@ Feb 1st 2007 1:54pm
- By GCPN Property Network
The up side for us in South East Queensland is that the residential market has commenced 2007 at a strong pace, continuing the increased level of activity which was witnessed throughout the latter part of 2006 and it doesn’t look like taking the back seat in the near future.
But the down side is that elsewhere across the country the New Home building industry has felt the sting of three rate rises within seven months, according to the HIA Housing Industry Association with approvals falling in every state except for Queensland
.