WA needs 7000 extra homes each year

http://www.wabusinessnews.com.au/en-story/1/64194/WA-needs-7000-extra-homes-each-year-HIA

30-June-08

Western Australia will need to build an additional 7000 new homes above current production levels each year to meet growing population demands, according to research by the Housing Industry Association.

HIA today confirmed almost one million new homes will be needed across the country in five years with residential population growing by 332,000 or 1.6 per cent in 2007.

The association said that demand for housing is being driven primarily by two key factors; strong immigration and the decline in the number of persons per residential dwelling.