WA Building Market Continues to Perform

According to a statement issued today by the Housing Industry Association, (HIA), July 2014 saw WA reach it’s highest monthly level of building approvals on record. The statement was based on figures released by the Australian Bureau of Statistics (ABS). Applications for Other dwellings doubled, while applications for detached dwellings, i.e Granny Flats increased by a steady 1.0 per cent. Here at Hallmark Developments we have definitely had an increase in Granny Flat enquiries over the past few months. The law change allowing for Granny Flats to be rented out to non family members has definitely been enticing to investors.