Building Archives - Get Building

Construction industry recovery continues in February 2021

The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) eased slightly by 0.2 points to 57.4 in February (2021), continuing the recovery seen in late 2020 (readings above 50 indicate expansion in activity, with higher results indicating a faster expansion).

Mar 3, 2021

HomeBuilder continues to drive record home building activity

Home lending in Australia smashed more records in January (2021) thanks to the continued roll out of the HomeBuilder scheme.

Mar 2, 2021

Loans for new home building continue to break records

“The number of loans for the construction of a new dwelling rose for the seventh consecutive month and reached a new record in January (2021),” stated HIA’s Economist, Angela Lillicrap.

Mar 1, 2021

Better apartment designs for our neighbourhoods

The Victorian Government is improving the design of apartments and ensuring they provide more open green space for residents.

Mar 1, 2021

2021 to be a record year for detached home building

“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.

Feb 18, 2021

Detached Building Approvals Reach Record High

“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.

Feb 3, 2021

Residential Land in High Demand in September Quarter 2020

“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.

Feb 2, 2021