Markets: Builders running out of puff

Building materials companies have had a strong run this year but it might be time to take profits given a lacklustre outlook.

Tailwinds pushing domestic housing construction stocks higher over the past year could be on the verge of turning into headwinds.

Interest in dwellings requiring construction is central to how the construction sector will perform. Despite total loan commitments rising to a seasonally adjusted 1.1 per cent in July, new construction wasn’t a contributor.

{{content.question}}

SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles