ACS is dedicated to keeping our builder members informed and equipped to navigate the residential construction landscape in Victoria. As we look ahead to 2025, there are exciting opportunities on the horizon.
Residential construction is expected to see a forecasted growth of 3% in activity.
Investor confidence in residential real estate is rebounding, with rental shortages driving demand for new investment properties.
Strong demand in regional areas continues, driven by population migration, remote work trends, and lifestyle shifts - Fantastic for our regional Victorian buildersÂ
Interest rate predictions: RBA will commence a series of interest rate cuts in 2025, with the cash rate potentially declining to approximately 3.10%–3.85% by the end of the year
Below are some informative places to keep an eye on industry forecasts and analyses on residential construction trends.
HIAÂ
JV Recruitment
Oxford Economics
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