New homes fail to dampen prices

“Sydney property prices have skyrocketed at the same time as near-record amounts of new homes have come on to the market, contradicting Treasurer Joe Hockey’s suggestion that the answer to housing affordability is more supply.”

Sarah Hill, Director HillPDA and advisor to the NSW Minister for Planning and a member of the government’s housing affordability taskforce discusses Housing Affordability in the Australian, June 11, 2015.

HillPDA is currently undertaking a Housing Diversity Study for UrbanGrowth NSW and the City of Sydney by HillPDA together with Peter Phibbs and Nicole Gurran which will feed into the development of an UrbanGrowth NSW Housing Diversity Strategy.

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