Comeback capital’s housing boom
House sales have surged by 77 per cent compared to last year, the Territory Government announced.
Year: 2021
Delivering more homes for Ballarat
The Victorian Government is delivering the largest ever investment in housing across regional Victoria, ensuring our most vulnerable have a safe and secure place to call home in their local community.
New home sales strengthen in May 2021
“New home sales increased by 15.2 per cent in May 2021 compared to the previous month,” stated HIA Economist Tom Devitt.
More support for workers and families impacted by silica
The Victorian Government is making it easier for workers impacted by deadly crystalline silica dust to get the care and support they need.
Loans for new home building decline in April 2021
“The number of loans for the construction of a new dwelling fell in April for the second consecutive month,” stated HIA Economist, Angela Lillicrap.
Australian PCI®: Strong construction activity in May 2021
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) fell by 0.8 points to 58.3 in May, largely maintaining the strong pace of post-2020 recovery following on from a record high in March (readings above 50 indicate expansion in activity, with…
Detached dwelling approvals break another record in April
“Detached building approvals reached a record level for the third consecutive month in April 2021,” stated HIA Economist, Angela Lillicrap.
Industry welcomes additional home ownership measures
Australia’s property industry has welcomed the Federal Government’s announcement of additional home ownership measures in the 2021-22 Budget.
Detached housing and renovations surge in March quarter
“Figures released by the ABS today (May 26 2021) show work done on detached houses and renovations surged in the March quarter,” said Angela Lillicrap, HIA Economist.
A record year of house building is underway
“A record number of detached housing starts will occur in the 12 months to September 2021 with more than 146,000 detached houses commencing construction. This is more than 20 per cent higher than the peak of the previous boom in 2018,” stated HIA Economist, Angela…
Construction needs collaboration not conflict
The Grattan Institute’s latest report Megabang for megabucks finds Australia’s transport infrastructure is overpriced and suggests government should drive harder bargains and stop worrying about the profitability of the industry.