Less than six months into its commitment for more housing, NSW is already trailing behind

Despite the government’s commitment to deliver 377,000 new homes within five years from July, the number of new housing developments in New South Wales has already begun to drop. Some industry figures point to high building costs and hesitant banks as reasons why.  Despite the government’s commitment to deliver 377,000 new homes within five years from July, the number of new housing developments in New South Wales has already begun to drop. Some industry figures point to high building costs and hesitant banks as reasons why.  Housing Policy, Housing Construction Industry, State and Territory Elections, Construction and Real Estate Industry, Urban Development and Planning, State and Territory Government Latest business news