Housing research
Monitoring housing demand, supply and affordability
Australia’s housing markets have been through an extraordinary period, impacted by COVID-19 related lockdowns, low population growth and record amounts of monetary and fiscal stimulus.
This research report by NHFIC - COVID-19: Australia's population and housing demand – found that the global pandemic could cut underlying dwelling demand in Australia by between 129,000 and 232,000 from 2020 to 2023, mainly due to the downturn in net overseas migration (NOM). International border closures have effectively shut down NOM, which has accounted for 59 per cent of population growth since 2007.
This first research report by NHFIC - Building jobs: How residential construction drives the economy – looks at the important role the residential construction industry plays in generating jobs and growth across the Australian economy.
The residential building construction industry generates more activity across Australia than nearly every other industry, with each $1 million of economic output supporting nine jobs across the economy.