“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.
Commuters in Melbourne’s west are the big winners as part of the Victorian Government’s Big Build, with new data showing dramatic reductions in travel times, and more works to come with the fast track removal of yet another dangerous and congested level crossing.
The Victorian Government is making it easier for Victorians to find work on some of the state’s biggest infrastructure projects, with the launch of the new North East Link Skills and Jobs Centre.
“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.
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) fell by a further 2.8 points to 55.5 in June, trending lower after hitting a record high in March (readings above 50 indicate expansion in activity, with higher results indicating a faster…
“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.
The Victorian Government is ensuring vulnerable Victorians have the security and safety of a home, as the first residents move into Big Housing Build homes.
The Victorian Government is building new homes for vulnerable Victorians, delivering the security and stability of a safe place to live while creating jobs and driving Victoria’s economic recovery.
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.