As the economy continues to improve and these 18 - to - 34 year - olds begin to form their own households, this will boost overall demand
for new housing construction.
For the three months ended September, 2012, 35 per cent
of new housing construction in Australia was in multiple units, up from 29 per cent five years early and 21 per cent two decades ago.
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The Digital House is the accumulation of two and a half years of research and development by the architects Bell Travers Willson, with the aim of engaging with traditional house builders to develop ways to
enhance new housing construction using digital technology.
The state Legislative Analyst's Office says meeting demand would require
increasing new housing construction by more than 100 percent, from 80,000 units per year to 180,000 or more.
Grand Falls - Windsor, a community of approximately 75,000, has a strong housing market with
new housing construction at an all - time high.
Canadians will spend $ 53 billion on home renovations this year, as much as was spent
on new housing construction, says a new Scotiabank study.
A 15 percent gain brought the pace
of new housing construction to a seasonally adjusted annual rate of 872,000 units, while an 11.6 percent gain brought the pace of permit issuance to 894,000 units.
Nationwide,
new housing construction will follow a similar pattern.
More recently, she is the prime sponsor of the Visitabilty bill, which would require
all new housing construction of less than six floors have basic accessibility features on the first floor.
This will include access to
new housing construction and upgrades, employment programs and CDEP, and the range of normal funding arrangements across the whole of government.
Similarly, our Future Rental Availability Index found that
new housing construction's inability to keep up with D.C. population growth will leave that market with a unit shortage of close to 60,000, causing D.C. to rank fifth in the country on that index.
That's not as popular a choice as it once was, which is why so much of
the new housing construction in Washington, D.C. is geared toward renters.
The report projects that
new housing construction will increase about 14 percent in 2014 compared to 2013.