Home builders intend to increase prices by up to five percent because of the carbon tax, according to a survey by Citi.
The poll, Citi Australian Residential Housing Survey, found 51 percent of respondents intend to increase prices by up to 5 percent because of the carbon tax. A further 27 percent say they will increase prices by up to 10 percent.
Results also show that the sector is feeling more confident in its outlook, with 62 percent indicating they intend to build more homes in 2012 compared to 2011.
56 percent reported an improvement in their order book compared to six months prior.
40 percent of those surveyed were confident about activity levels in residential housing over the coming 12 months, 8 percent had a negative view.
38 home builders across Victoria, NSW, Queensland and WA participated in the survey.
