Page 3 - Tom Devitt News Today

Loans are 27.7% lower than the same quarter in 2022

SA's stronger housing sector is causing headaches for the building industry as it continues its struggle to find enough tradies.

This week, we ask if you can talk about council business outside of council, debate which EV infrastructure is ugly and which isn't, and offer a tip for school leavers.

Eric Loi once worked for the architect who designed a home that was never finished. After buying the South Yarra block, now it’s his turn.

Eric Loi once worked for the architect who designed a home that was never finished. After buying the South Yarra block, now it’s his turn.

The low level of new home sales and the surge in cancelled purchases reinforce the forecast of a decade-low level of home building next year.

The HIA-CoreLogic Residential Land Report showed that land prices have risen 23% over the three years from March 2020 to March 2023.

The ‘worst fears’ of owners are that there will be no money left to fix millions of dollars worth of defects on Toplace developments.

According to the Australian Bureau of Statistics, there was a surge in the commencements for multi-unit homes during the first quarter of 2023.

Industry experts have sugested labour shortages in the construction industry are due to a generational shift, with those in the Gen Z cohort being too soft and entitled to work in the sector.