Volume of Homes under Construction 80% above pre-COVID levels

At UMCO we believe that a short dive in to industry data is worthwhile and often in contrast to News Media.  In Australia the HIA, while engaged in some of their own political lobbying, are one of the best sources of industry data for the home and construction market generally.  Here the HIA are telling us – while there was a small dip early in 2022 the volume of homes under construction 80% above pre-COVID levels.  And good news for our Specifier Source Business Partners – multi unit housing construction continues to rise.

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