Housing supply and prices in Melbourne growth areas

Housing supply and prices in Melbourne's growth areas

The SGS Melbourne Quarterly seminar held on June 16 discussed how housing sales activity is slowing across Melbourne's growth areas, but prices seem to keep rising. What lies behind these trends and what are the prospects for Melbourne's greenfield housing markets?

Speakers were

• Colin Keane - Director of the National Land Survey Program at Researchfour and the Director of Market Research at VicUrban. 
  Colin discussed the demographic, industry capacity and business cycle factors that are driving supply and price outcomes in the
  growth  suburbs.     read Colin Keane's presentation

• Marcus Spiller - a Director of SGS Economics & Planning Pty Ltd. Marcus provided a background briefing on the structural factors
  shaping the profile of housing prices across the metropolitan area.    read Marcus Spiller's presentation