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HIA says increase in housing starts
Released 20 September 2010

The 2009/10 HIA-COLORBOND steel Housing 100 report shows that housing starts have increased 32 per cent to 31,120 over the past financial year. 

NSW’s top 20 builders built 7454 homes in 2009/10 compared to 6,709 in 2008/09.

Masterton homes, NSW’s largest builder, had 1022 starts in 2009/10, compared with 665 in 2008/09.

At second spot was McDonald Jones Homes, which built 855 homes and Clarendon Residential Group was ranked third with 845 starts.

HIA Executive Director, NSW, David Bare said, “While the increase in new home starts was pleasing to see, other states had seen a much higher gain both in terms of housing starts and market share.

“This reflects on-going large supply side obstacles related to a lack of timely and affordable land supply, a lack of skilled labour, delays and inefficiencies in the planning system, inequitable taxation of new housing, and excessive regulation of new housing. Many of these issues are larger in NSW than anywhere else.”

Bare said HIA has been lobbying the NSW Government to ensure the effective engagement of the housing industry in developing practical and long term solutions to this state’s housing shortage and affordability crisis.