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Construction industry support must continue

By Kevin Kelly

The construction industry has been one of the standout performers of the past 12 months, and every effort must be made to ensure this continues well into 2015.

This is according to the Housing Industry Association (HIA), which suggested just how important it is for the construction of more property in South Bunbury and other parts of the country to grow. 

HIA Economist Diwa Hopkins said: "There has been a string of disappointing data updates to the wider economy in recent weeks, but the residential construction sector has remained fairly resilient.

"Policymakers should be working to ensure that the sector can continue to be a key source of strength in the wider economy as the re-balancing of domestic growth continues to take effect."

Ms Hopkins noted that the market is working in investors' favour at the moment. Citing data from the Australian Bureau of Statistics, she revealed that in October, the value of lending for the construction of rental housing increased 0.5 per cent.

If you are hoping to invest in rental properties than having an experienced real estate agent on your side can be a real benefit.

Make sure you speak to the team at Ray White Bunbury for help with your next real estate purchase.

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