If you’ve noticed strong levels of activity in the NSW building sector, these elevated levels of activity are expected to continue, until at least 2018, particularly in the home building sector.
According to the latest Australian Construction Industry Forum forecast, conditions in the construction sector in NSW will remain strong over the coming years. In the longer term, we can expect elevated levels of activity in the infrastructure sector.
The ACIF forecast indicates that dollar value of building and engineering construction work done throughout the state will rise by 3.2 per cent from $48.732 billion in the current financial year – an already elevated level.
Residential construction will be leading the way. Find out more https://sourceable.net/nsw-construction-boom-set-to-roll-on/