Building Forecasts > Report

Building Industry Prospects March 2018 Bulletin

It is anticipated that total building commencements will now see a moderate increase in 2017/18, edging up 5% to $118.5 billion (constant 2015/16 prices). This is expected to mark the peak of the cycle, with weakening apartment construction in the major cities pulling total building 8% lower in 2018/19.

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