Housing construction began on over 30,000 units in first four months of this year compared with 32,800 units in all of last year
Housing construction rose sharply in the first four months of the year, the latest Housing Market Monitor shows.
However it says more labour may be required for the sector to be able to deliver output levels in line with commencement activity.also finds a decline of 12.1% in housing construction completions compared with same period last year, mainly driven by a fall in finished apartments. "While commencement activity is strong, increased labour capacity may be required to deliver housing in line with commencement activity," he said.
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