Building Archives - Page 6 of 40

Land shortages constrain building activity

“The number of land sales in the March 2021 quarter declined by 31.2 per cent compared to the previous quarter, to be 42.5 per cent lower than the previous peak in the September 2020 quarter,” said HIA Economist, Angela Lillicrap.

Jul 22, 2021

Sights set on reopening Sydney construction

Construction industry leaders have now set their sights firmly on supporting the supply chain and gearing the industry up for the reopening of construction sites.

Jul 20, 2021

Record number of detached starts in the March quarter

“The number of new houses that commenced construction in the March 2021 quarter was more than 40 per cent higher than the same time last year,” stated HIA Economist, Angela Lillicrap.

Jul 14, 2021

Strong new home sales in June quarter

“New Homes Sales in June 2021 jumped 15.3 per cent to be 11.2 per cent higher in the quarter than the same time in 2019,” stated HIA Economist Angela Lillicrap.

Jul 13, 2021

Loans for new home building remain elevated but below peak

“The number of loans for the construction of a new dwelling continued to fall in May, but remain elevated compared to pre-COVID levels,” stated HIA Economist, Angela Lillicrap.

Jul 2, 2021

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.

Jun 10, 2021

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…

Jun 3, 2021

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.

Jun 1, 2021

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.

May 31, 2021

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.

May 26, 2021

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…

May 20, 2021

Budget 2021 asserts the value of infrastructure investment

The Australian Constructors Association (ACA) welcomes the 2021-22 Federal Budget which affirms the critical role of the construction industry in rebuilding the Australian economy.

May 12, 2021