The latest report from the Housing Industry Association (HIA) has highlighted the nation's recovering real estate landscape, stating that the next 12 months will see the industry's strength continue to grow.
This could be great news for anyone interested in securing real estate in Surfers Paradise in the coming months.
HIA Senior Economist Shane Garrett said the recovering residential construction market will fill the space left by the declining mining industry, helping to stimulate the economy and promote further national growth.
"New dwelling commencements are forecast to break the 165,000 threshold for only the second time in a decade. Our latest set of forecasts suggests that the housing industry will be one of Australia's good news stories over the next twelve months," said Mr Garrett in a February 28 statement.
"This will be driven by much stronger activity in markets like NSW, Queensland and Western Australia."
Now could be the perfect time to consider Surfers Paradise property. With the interest rates remaining low, the market beginning to recover and the impending population boom, the opportunity to secure your dream real estate in the region could be now.
New Year, New Possibilities: Your Ideal Property Awaits in The Event 2025 Hi, Andrew Bell here. I promise I’ll only take a moment of your time as you enjoy your Boxing Day. I hope you’re having a wonderful time with family and friends over the Christmas holidays. However, … Read more
This morning, we proudly sent off bags and bags of goods and Christmas presents to the Salvation Army as part of our Little Ray of Giving appeal. For over 10 years, Ray White Surfers Paradise Group has partnered with The Salvos to help make Christmas brighter for families across the … Read more