[Video] The best in building is yet to come

Welcome to Think Investment Realty news.

Here in Queensland, we’re quite used to excellent housing construction figures. After all, we’ve had four years in a row of growth in our statewide home building. It provides fertile conditions for property investment, but new data suggests the market isn’t done yet.

According to recent forecasts from the Housing Industry Association, the peak in home building for Queensland isn’t going to happen until 2016. And even beyond then, detached home volumes are expected to continue to rise.

This is excellent for both investment and the wider economy. More building means more jobs, and more property means more opportunity for those hunting new homes.

Of course, investors must be careful not to buy into areas that move into oversupply. Careful consideration needs to be given to where growth hotspots will arise.

That’s it from us at Think Investment Realty. See you next time.

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