At least 56 display homes were listed by Metricon in the last two weeks, from a $650,000 home in regional Victoria to a $3.2 million property in Melbourne.
Another Queensland construction company has crumbled amid intensifying market conditions, with skyrocketing material and labour costs making business-as-usual untenable.
Probuild has gone into voluntary administration after a problem-laden high-rise project drove it into debt, placing up to $5 billion in commercial and public sector projects in jeopardy.
