AUSTRALIA housing investment is growing at its slowest pace since the year , according to chief economist at HSBC , PAUL BLOXHAM , despite a recent upswing in both building projects and housing prices. Asia’s markets have been particularly volatile, as concerns about China’s growth and the Federal Reserve weigh on the region (Chart 6). In a report by HSBC noted that the country’s investors are prioritising investment in non-manufacturing industries; as a result, US could experience a decline in new construction schemes.
AUSTRALIA housing investment is growing at its slowest pace since the year , according to chief economist at HSBC , PAUL BLOXHAM , despite a recent upswing in both building projects and housing prices. In a report by HSBC noted that the country’s investors are prioritising investment in non-manufacturing industries; as a result, US could experience a decline in new construction schemes.