New Home Sales Continue to Surge in November 2020
“New Home Sales increased by a further 15.2 per in November to reach a decade high,” stated HIA’s Economist, Angela Lillicrap.
Tag: housing
New Housing Starts Declined in the September 2020 Quarter
“Preliminary figures released by the ABS today (November 25 2020) on the value of residential construction work done showed a decline in the September 2020 quarter to its lowest level since 2014,” said Angela Lillicrap, HIA Economist.
New home sales remain elevated in October
“The detached housing market continues to perform strongly and as it accelerates will pull the rest of the Australian economy forward into 2021,” stated HIA’s Chief Economist, Tim Reardon.
Deposit Scheme to House More First Home Buyers
“Changes to the Australian Government’s First Home Loan Deposit Scheme, applying exclusively to those purchasing a new home or apartment, will support jobs in the residential building industry,” said Graham Wolfe, Managing Director, Housing Industry Association.
DIY Kitchen Renovation Myths BUSTED: The True Costs of a Kitchen Build
A renovated kitchen is an investment that will inevitably enhance the appearance and value of your home.
New home sales remain elevated
“The full impact of HomeBuilder is now evident in the HIA’s New Home Sales Report with sales now 11.8 per cent higher in the seven months since restrictions came into effect than at the same time last year (2019),” commented HIA Chief Economist, Tim Reardon.
Impact of HomeBuilder now evident in housing finance data
“The short-term stimulus from HomeBuilder is emerging in the housing finance data released by the ABS today (October 9 2020). This is particularly evident in the issuing of loans for the construction of new homes and in lending to first home buyers,” stated HIA’s Chief…
Lending changes big boost for home ownership and economic recovery
The Federal Government has given the rebuilding of the economy a big boost by removing overly restrictive lending requirements for finance lenders, including mortgage finance.
Impact of HomeBuilder evident in detached building approvals
“The impact of HomeBuilder is now emerging in the ABS Building Approvals Data and there is a significant divergence between the outlook for detached and multi-unit dwellings,” stated HIA Economist, Angela Lillicrap.
Demand for residential land surges 70 per cent
“Housing finance figures released today ( September 9 2020) show that lending for the construction of a new home rose in July (2020) for the first time since February (2020), to the highest level in two years,” stated HIA’s Chief Economist, Tim Reardon.
First Home Loan Deposit Scheme should grow
Today’s (31 August 2020) report from the National Housing Finance and Investment Corporation (NFHIC) outlines the intital success of the first release of 10,000 guarantees under the First Home Loan Deposit Scheme.
Must we be musty? Dealing with mould in your home
You’re holed up at home. Perhaps you’re living under lockdown. You enter your bathroom and notice an unwelcome guest. It’s here. It’s…mould.