housing 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

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

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

News

New Home Sales Go Through the Roof in December 2020

“New Home Sales reached remarkable heights in December (2020), nearly doubling compared to the number of sales recorded in November (2020),” stated HIA’s Economist, Angela Lillicrap.

Jan 19, 2021

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New Home Sales Continue to Surge in November 2020

“New Home Sales increased by a further 15.2 per in November to reach a decade high,” stated HIA’s Economist, Angela Lillicrap.

Dec 16, 2020

New Housing Starts Declined in the September 2020 Quarter

“Preliminary figures released by the ABS today (November 25 2020) on the value of residential construction work done showed a decline in the September 2020 quarter to its lowest level since 2014,” said Angela Lillicrap, HIA Economist.

Nov 25, 2020

New home sales remain elevated in October

“The detached housing market continues to perform strongly and as it accelerates will pull the rest of the Australian economy forward into 2021,” stated HIA’s Chief Economist, Tim Reardon.

Nov 18, 2020

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Deposit Scheme to House More First Home Buyers

“Changes to the Australian Government’s First Home Loan Deposit Scheme, applying exclusively to those purchasing a new home or apartment, will support jobs in the residential building industry,” said Graham Wolfe, Managing Director, Housing Industry Association.

Oct 20, 2020

DIY Kitchen Renovation Myths BUSTED: The True Costs of a Kitchen Build

A renovated kitchen is an investment that will inevitably enhance the appearance and value of your home.

Oct 20, 2020

New home sales remain elevated

“The full impact of HomeBuilder is now evident in the HIA’s New Home Sales Report with sales now 11.8 per cent higher in the seven months since restrictions came into effect than at the same time last year (2019),” commented HIA Chief Economist, Tim Reardon.

Oct 14, 2020

Impact of HomeBuilder now evident in housing finance data

“The short-term stimulus from HomeBuilder is emerging in the housing finance data released by the ABS today (October 9 2020). This is particularly evident in the issuing of loans for the construction of new homes and in lending to first home buyers,” stated HIA’s Chief…

Oct 9, 2020

Lending changes big boost for home ownership and economic recovery

The Federal Government has given the rebuilding of the economy a big boost by removing overly restrictive lending requirements for finance lenders, including mortgage finance.

Oct 1, 2020