The Australian housing market continues to show remarkable resilience despite increasing cost-of-living pressures and higher interest rates, according to Herron Todd White.
HTW’s Month in Review for April showed that demand for housing remains high, driven largely by population growth, which starkly contrasts with a dwindling supply due to building approval delays, material shortages, labour scarcities, and financial strains on builders.
Supply constraints and market dynamics
The current imbalance between supply and demand is maintaining market stability across most regions.
You may read the whole article here:
https://bit.ly/3xYvnEU