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Year: 2022
Property price growth strongest on record
Residential property prices rose 6.7 per cent in the June quarter 2021, the strongest quarterly growth since the Residential Property Price Index series began in the September quarter 2003, according to the Australian Bureau of Statistics (ABS).
Demand for housing and first homebuyer activity remain strong
“The value of loans, excluding refinancing, issued for housing towards the end of 2021 was elevated as demand remains very strong,” stated HIA Senior Economist, Nick Ward.
CSR Gyprock shares leading interior design and building elements for 2022
‘There is no place like home’, a phrase that resonates more than ever in the wake of the last two years and, for Australian homeowners, creating a beautiful and tranquil home remains key in 2022. Interior design continues to have a significant impact on our…
Building approvals strengthen in November 2021
“The number of building approvals issued in November 2021 increased by 3.6 per cent compared to the previous month, with both detached and multi-unit approvals increasing for the month,” stated HIA’s Chief Economist, Tim Reardon.