If you’re a home builder you’re probably still reeling from the record breaking year we had last year. According to data, 2015 was the busiest year on record for new residential building activity.
The ABS figures confirmed that over 220,000 new dwellings commenced last year, which was 11 per cent higher than the 198,000 commencements in the previous year.
2015 dwelling commencements were also well above the decade average of 164,317 per year.
While 2015 was overall a great year for residential construction, it ended on a slightly weaker note.