Building industry slump turnaround
THE HOME building slump on the Fraser Coast has stopped diving, says Rory McDonald, Master Builders Association regional manager.
“The last four weeks we’ve sold more contract forms to builders than we have in a fair while.
“And builders have been coming in smiling saying they’re booked for the new year for two, sometimes three jobs.
“The slump’s certainly stopped diving and it’s showing all the healthy signs of a strong 2010.”
Mr McDonald said the pick up was coming in the domestic market but he had hopes for the commercial market, which had been “rebirthing”, particularly along the Esplanade in Hervey Bay.
“We could be looking at some movement in that market soon too.
“I’m hopeful sooner rather than later.”
The region isn’t alone in its upturn.
The latest dwelling commencement figures are another encouraging sign that the worst of the downturn is over, Master Builders Qld’s director of housing policy, Paul Bidwell, said yesterday.
“Dwelling unit commencements in Qld have rebounded after falling for the last six consecutive quarters, increasing by 22 per cent in the September quarter.
“There were 7393 dwelling unit commencements in the September quarter, which is a substantial improvement on the 6041 recorded in the previous quarter.”