‘Never been higher’: New homes under construction taking ‘so much longer’ to reach completion

REA Group Economics Executive Manager Angus Moore says it’s taking “so much longer” to build new homes in Australia than previously. Mr Moore said the number of homes under construction has “never been higher” than what we’re seeing at the moment. “Even though the number of homes that we’re completing or commencing is way behind what we were doing a decade ago.” In partnership with realestate.com.au (Source: Sky News Australia | Region: Sydney, Australia)