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NSW housing outlook bleak
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Posted on
May 15 2008 6:40 AM
by
adeal
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BUILDING products, aluminium and sugar producer CSR says it does not expect to see an upturn in the struggling New South Wales housing market for at least 12 months. "We are still reasonably optimistic about the Queensland and Victorian markets when it comes to housing," CSR managing director John Maycock said today. He said Western Australia was likely to push ahead fairly steadily, and South Australia looked very strong. "The market which clearly is most problematic from our perspective is NSW, and sadly there, we don't see a significant upturn in the coming 12 months at least."
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