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1.Market Observations, 8.Was Sticky

18 Sept 2019 (AFR) – Non-housing building expected to bounce back

(18 September 2019, AFR, p30, Ingrid Fuary-Wagner, Reporter)

‘Construction of non-residential property is expected to bounce back from recent short-term weakness and hit record highs despite the void in the retail sector and no big projects on the horizon. According to forecasts by BIS Oxford Economics, construction not related to residential property is expected to grow moderately by 7 per cent in the2020 and 2021 financial years, driven by the sector dominated by publicly funded projects.’

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

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