ABS Data Reveal Worst ACT Building Starts for a Generation
Content details
Title
ABS Data Reveal Worst ACT Building Starts for a Generation
Website
www.propertycouncil.com.au/media-releases/abs-data-reveal-worst-act-building-starts-for-a-generation
Industry Body
Subject
Property Council ACT & Capital Region Executive Director, Ashlee Berry, said the data shows just 249 new home starts were recorded the first quarter of the National Housing Accord period – the worst result since June 1998. “The ABS data also shows building completions fell last quarter, from 1,118 in June 2024 to 943 in September. It underscores the urgent need to address delays and inefficiencies in the planning system to unlock housing supply and tackle Canberra’s growing housing affordability crisis,” Ms Berry said.
Publishing date
29 January 25