You are viewing:-
you're reading...
1.Market Observations, 8.Was Sticky

9 Nov 2016 (AFR) – Dulux boss says home renovation and DIY stronger even if house prices peak

(9 November 2016, AFR, p15, by Simon Evans)

‘Australia’s home renovation market should strengthen over the next 12 months because housing “churn” is slowing down and more property owners are choosing to renovate rather than move, the managing director of paint maker Dulux Group said. Patrick Houlihan said it was difficult to forecast whether residential real estate prices were at a peak in Sydney and Melbourne and only “time will tell” if they would move higher, but the renovation market was strong and likely to remain highly resilient even if the housing market was more subdued.’

Read more at (might need AFR login access, or try:


About robertbrain

Brainy's Share Market Toolbox. Read the honest truth about the sharemarket. Develop or fine tune your investing/trading strategies using share price charts (technical analysis), or learn about the investment strategies of others. Melbourne (Australia) based - supporting share market investors and traders to build wealth through smarter investing using my Share Market Toolbox arsenal of weapons to tackle the market.


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: