337 - WA Housing Construction Update May25 ft. Michael McGowan

In this episode of the Perth Property Show, host Trent Fleskens welcomes Michael McGowan, executive director of the HIA, for an in-depth discussion on the current state of Western Australia's construction market. They explore critical issues such as the undersupply of new builds, industry capacity, market consistency, and the long-term goal of constructing 26,000 homes annually. McGowan provides insights into the challenges of meeting housing demands, the impact of rising construction costs, the significance of the National Construction Code updates, and the need for innovative building methods. The conversation emphasizes the complexities of the market and the ongoing efforts to address housing shortages and improve efficiency.