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Do you have an industry update?

top suburbs

12 month growth
Box Hill
127.02%
Mollymook
82.85%
Brightwaters
79.93%
Cleve
78.13%
Bawley Point
76.2%
Murrays Beach
75.57%
Terranora
70%
Crescent Head
69.38%
Park Ridge South
68.32%
Mollymook Beach
67.09%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
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Good time to renovate: HIA

By Staff Reporter
29 July 2009 | 1 minute read

Trade contractor prices have eased thanks to an influx of skilled tradespeople, the Housing Industry Association’s (HIA) Austral Bricks Trade report has found.

The report, released yesterday, also showed trade rates were coming off the boil, relieving price pressure for renovators and home buyers alike.

Better consumer rates for renovation and building work could help spark increased refinancing business for brokers.

The HIA-Austral Bricks Trades Price Index eased by 0.2 per cent in the June 2009 quarter to be down by 2.9 per cent in annual terms.

“This evidence of an easing in prices and a freeing up of trades people confirms that 2009 is a good time to engage in renovating an existing property or building a new home,” HIA’s chief economist Harley Dale said

Good time to renovate: HIA
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Listen to other installment of the Real Estate Business Podcast
Do you have an industry update?

top suburbs

12 month growth
Box Hill
127.02%
Mollymook
82.85%
Brightwaters
79.93%
Cleve
78.13%
Bawley Point
76.2%
Murrays Beach
75.57%
Terranora
70%
Crescent Head
69.38%
Park Ridge South
68.32%
Mollymook Beach
67.09%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
Subscribe to Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.