If you’re employed in the home building materials industry keep yourself up to date and informed on residential construction material trends and usage by checking out the latest Building Materials Bulletin from Australian Construction Insights.
In great news for those employed in the home building materials industry, Australia’s spiking home construction work will keep shooting up over the remainder of 2015 before settling down to sit at slightly lower levels during 2016.
If projections pan-out 213,420 new homes will be constructed in total by the end of 2015, representing an upturn of 7.5% compared to last year. In 2016, another 190,000 homes will commence construction.
If you are employed in the manufacture, distribution, marketing & sale of Australian building materials then the Building Materials Bulletin will prove a boon for business.
What’s So Special about This Bulletin?
Australian Construction Insights is a company which conducts data analysis, reporting, forecasting & market research. Its latest Building Materials Bulletin is unique and incredibly valuable because it overlays current housing & economic conditions with thorough analysis of Australian building material composition.
It contains building material predictions for new detached home construction valid up-until 2019.
Taking the falling Australian dollar into account, the Bulletin also provides projections & analysis of pricing developments for residential building materials including: ceramic products, timber, concrete, steel products, cement & sand, and board & joinery.
A Few Bulletin Highlights
- The Bulletin forecasts that detached house construction plasterboard usage will balloon out-to 71.02 million square metres over this year. To put this into perspective, this amount would be equivalent to just about one-tenth of the area of Singapore!
- It also predicts that across the whole of 2015, approximately 2.73 million cubic metres of concrete will be used for constructing house slabs.
- The Bulletin notes an interesting trend, pointing out that when Australia experiences weaker market conditions there is often a disproportionately large reduction in building materials use.
- It also found that building regulations & changing consumer preferences have an impact upon building materials usage.
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