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AAP
AAP
Business
Poppy Johnston

EXPLAINED: Rocky outlook for home building sector | Vintage Vibes

Denita Wawn MBA Inflation
Builders say that Australia's residential construction sector faces several significant challenges. (Russell Freeman/AAP PHOTOS) (AAP)

New home building is likely to remain subdued until 2026 due to high interest rates, soaring inflation and ongoing labour and material shortages.

Master Builders Australia (MBA) has downgraded forecasts for the residential construction sector made earlier in the year to reflect ongoing inflationary pressures and labour shortages.

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