The latest Master Builders Association of Victoria Building Trends eSurvey has revealed that 69 per cent of residential builders expect housing affordability to deteriorate over the next three years.
Residential building approvals in regional Victoria..
It appears a lack of affordable housing in Melbourne is the key driver for venturing to regional Victoria seek more affordable.
Apartments and units driving decline in housing approvals..
The latest building approvals data for Victoria has been released, showing an overall decline in approvals, with apartments/units.