Talk of a potential housing market downturn is growing louder, but for NSW the reality is far more reassuring. The underlying fundamentals simply don't support it. NSW remains short of housing, population growth is strong, and the supply pipeline can't keep up with demand.
That shortage puts a firm floor under prices, and so does the real cost of building. A brand new home reflects today's quality materials, skilled trades and modern building standards - genuine value that holds up over time. It's part of why a sharp, broad based fall in values is hard to imagine.
What's more likely than a broad market downturn is a more varied market, where some locations and price points perform differently to others. The more affordable end of the market, which has been buoyed by first home buyer demand, may cool as recent budget changes push investors out of that same part of the market. But cooling isn't crashing. With a genuine housing shortage, lasting value built into every new home, and strong population growth, the foundations underneath the NSW market remain solid.
For anyone weighing up their next move, that's the real opportunity and there's no better time to build new with Clarendon Homes.
We help you secure a quality, brand-new home in a market underpinned by strong long-term fundamentals, not wait on the sidelines for a collapse the numbers say isn't coming.
Whether you're after a house and land package in a growing community, or looking to knock down and rebuild in an established suburb you already love, we make building your next home simple. With over 90 designs to suit first home buyers, families and downsizers, and a reputation built over decades, Clarendon is with you every step of the way.
We’re so confident in our quality assurance that our homes are backed by a Lifetime Structural Guarantee.