New home sales strengthen in May 2021
“New home sales increased by 15.2 per cent in May 2021 compared to the previous month,” stated HIA Economist Tom Devitt.
Tag: housing
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.
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.
HIA welcomes new National President & Vice President
The Housing Industry Association (HIA) is pleased to announce the appointment of Alwyn Even from ABN Group as National President and Ms Debbie Johnson from Building Suncoast Green as National Vice President.
First home buyers help drive housing market
“First home buyers accounted for 41 per cent of new loans issued over the past six months, the highest for more than a decade,” stated HIA’s Senior Economist, Nick Ward.
March madness sees new home sales spike
“New Home Sales were 39.4 per cent higher in the March 2021 quarter than the same time the previous year,” stated HIA’s Economist, Angela Lillicrap.
Loans for new home building sets new record
“The number of loans for the construction of a new dwelling rose in February marking six consecutive months of record highs,” stated HIA’s Chief Economist, Tim Reardon.
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).
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.
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.
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.
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.