A collection of articles and quick commentary on residential real estate. "It's different this time, really . . . " Ha ha ha. No, it's not.
When China goes down, so does Australia and Canada.
New Housing Starts (Dwelling Commencements) in Australia Down 25%
New dwelling commencements are down 25% year on year and 13% quarter on quarter. More alarming for the renter class, new private sector residential is down 38% year on year and 22% quarter on quarter.
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