Victoria’s Biggest Builders Increase Market Share in 08/09

FIGURES released this week by the Housing Industry Association show Victoria’s biggest builders have managed to increase their market share despite the bleak economic backdrop.
The HIA said of the 41,818 home starts in Victoria for the 2008-2009 financial year, the state’s biggest 20 builders built 13,282 dwellings, compared with 11,727 dwellings in the previous year, when a similar number of new homes were constructed.

The HIA said Victoria’s top 20 builders now have a 32 per cent share of the market, compared to 28 per cent last year.

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