“We’ve snapped a seven-week losing streak on the ASX 200 and the Aussie share market is poised to open high by 45 points or 0.6 per cent this morning,” Mr Felsman told Sky News Australia.
“And we have seen CoreLogic’s Home Value Index released … home prices in Australia rose by 0.6 per cent during the month of March, that’s snapping an 11-month losing streak. “So that could be positive for building materials companies and real estate companies on the share market today.”
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Building company's are going into receivership.
Not if people aren’t buying.