Article: Boom in new homes on the way.

Byline: Peter Martin

Nov 09, 2009 (The Age - ABIX via COMTEX) -- House construction is expected to surge following record uptake of the Australian Government's First Home Owners Boost. Over 49,000 people took out mortgages, other than for refinancing, in September 2009, with about 7,600 being construction loans. The subsidy was reduced from $A14,000 to $A7,000 on 1 October, and it ends in ...

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