Record Level of Lending for New Home Building in November 2020
“The number of loans for the construction of a new dwelling rose for the sixth consecutive month in November to reach a new record,” stated HIA’s Economist, Angela Lillicrap.
Tag: residential
Detached Building Approvals Go From Strength to Strength
“ABS Building Approvals data for detached houses rose for the fifth consecutive month in November to reach the highest number of approvals since December 1999,” stated HIA Economist, Angela Lillicrap.
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.
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.
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 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.
HomeBuilder Starts To Lift Residential Building Loans
New ABS lending figures for July 2020 show that HomeBuilder has started to drive a recovery in loans for home building.
HomeBuilder Keeps December Quarter Afloat
“New Home Sales data released today (16 September 2020) confirms that HomeBuilder will support building activity and protect jobs in the December 2020 quarter,” commented HIA Chief Economist, Tim Reardon.
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.
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.
Red tape squeezing first home buyers out of the market
“The HIA-Housing Affordability Index for the June (2020) quarter 2020 shows housing in Australia remains at its most affordable since 1999,” state Tim Reardon, HIA’s Chief Economist.