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1.Market Observations, 8.Was Sticky

29 Sept 2016 (AFR) – Housing starts will be higher for longer says Deutsche Bank

(29 September 2016, AFR, p49, by Robert Harley)

‘The boom in housing construction will continue for at least the next two years, and longer than many expect, according to Deutsche Bank Market Research. In a major Australian Housing Update, analysts Emily Smith and Lee Power, forecast that Australian housing demand will remain at strong levels, based on “continued low interest rates, solid investment, employment and a historical under-build in NSW.” ‘

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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