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More building company collapses likely, industry body seeks to reassure would-be homeowners

evelyngeorgegc

Master Builders has warned that those looking to buy and build new homes need to factor in "volatile" market conditions, with the collapse of more construction firms very likely.

Pivotal Homes was the latest in a series of builders forced into liquidation last week, following major firms Condev and Probuild earlier this year.


That has left some would-be homeowners in limbo with 103 houses still under construction by Pivotal and 177 more awaiting council approval.


But while home buyers can expect delays and increased costs, Master Builders Gold Coast regional manager Adam Profke says "we can assure you that your home will be finished".


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