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Housing Approvals Up – September 2013

While the debate about whether or not there’s a housing shortage continues amongst the property market elite and financial industry experts, one thing is clear to everyday Australians – it’s hard to get the property you want, where you want it and at a fair price.

A decade of lagging construction and strong population growth has only served to increase competition for a desirable home.

 We hope conditions will change and that Credit Connect Capital’s investors are part of the solution.

Source: http://www.abs.gov.au

While the ABS reported figure of a year-on-year increase in building approvals of 18.6% is great news, a chronic funding shortage for construction and development since the onset of the GFC in 2007 has slowed supply.

Credit Connect Capital’s investors are now in an unparalleled position to not only benefit from the funding shortage, but also contribute to Australia’s social development.

Disclaimer: This information does not take into account your individual objectives, financial situation and needs. You should assess whether the information is appropriate for you and seek specialist advice from a qualified and licensed advisor.

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