A land bank is a bank that issues long term loans on
But you don want to sell the ingredients. What you want to do is take those ingredients and put them into a beverage. So now you have this thing called inventory, but nobody planned to sell it. We have very good fundamentals in the ACT. So we probably should be building a few more homes than what we are.»House prices continue to buck national trends, although apartment prices are moribund.CoreLogic data out on Tuesday showed the value of houses continues to grow in Canberra, up 1 per cent since August and 1.9 per cent in the past three months. Sydney and Melbourne house prices have bounced back in the past three months, up 3.6 and 3.4 per cent, signalling the recovery in those cities is in full swing, according to CoreLogic.Canberra apartment prices are stagnant, although might have turned a corner according to the CoreLogic data, which shows an increase for September of 0.6 per cent in Canberra (1.1 and 1.4 per cent in Sydney and Melbourne).
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