“It is anticipated that almost 130,000 new detached homes will commence construction in 2021. The previous record of 120,000 starts in a calendar year was set in 2018,” stated HIA’s Chief Economist, Tim Reardon.
With access to nature on our doorsteps, it’s no surprise that Australian’s love spending time outside. An increasing demand to enjoy outdoor living at home has turned the humble backyard into an al fresco lifestyle dream. Homeowners investing in this multi-functional space are finding it…
As more Australians are staying home and making the most of their outdoor entertainment spaces, it’s time to consider stylish shade solutions that can extend living areas outdoors as well as keep your home cool and more comfortable.
“ABS Building Approvals data for detached houses rose for the sixth consecutive month in December (2020), to reach the largest number of approvals since the series began in 1983,” stated HIA Economist, Angela Lillicrap.
“Demand for residential land jumped by 27.7 per cent in the September 2020 quarter to be 62.7 per cent higher than at the same time last year, reflecting the surge in demand following the announcement of HomeBuilder in June,” said HIA Economist, Angela Lillicrap.