Every cloud has a silver lining!
Things aren’t looking bright in the industry overall with building approvals down, and many companies letting staff go as a result.
However it’s not all bad news.
- Interest rates are at a record low making mortgage affordability as cheap as it’s ever been
- Competition in the marketplace is fierce resulting in a buyer’s market
- Dedicated, professional tradespeople are being engaged over unprofessional tradies as a result of supply and demand
- Turnaround times for approvals and construction have greatly improved
So, if you are thinking of building….there won’t be a better time than now!