Monday, November 26, 2012

Demand for residential land on the rise in most areas
 
Leading industry analyst and economic forecaster, BIS Shrapnel, says green shoots have emerged in the demand for residential land in the Sydney, south-east Queensland and Perth markets, with more positive signs to continue through 2012/13.

But according to BIS Shrapnel’s Outlook for Residential Land, 2012 – 2017 report series, lot production in Melbourne and Adelaide is expected remain in the doldrums.

Contact: Angie Zigomanis