Scarcity of residential land sees prices surge
“A significant increase in the price of land indicates that supply is not keeping pace with demand,” said HIA Economist, Angela Lillicrap.
Tag: housing
Demand for housing and first homebuyer activity remain strong
“The value of loans, excluding refinancing, issued for housing towards the end of 2021 was elevated as demand remains very strong,” stated HIA Senior Economist, Nick Ward.
New home sales stabilise at strong levels
“Sales of new detached homes appears to have stabilised following the end of HomeBuilder at elevated levels,” stated HIA Economist Angela Lillicrap.
Building new regional homes for those who need it most
The Victorian Government is getting on with delivering the state’s biggest ever social housing build and calling on all community housing agencies to put forward proposals for new social housing in regional Victoria.
New Home Sales remain strong in August 2021
“The strength in New Home Sales in recent months indicates that the boom in detached home building will continue to create strong employment opportunities into the second half of 2022,” stated HIA Economist Tom Devitt.
HIA welcomes confirmation that developer contributions add to house prices
The Housing Industry Association (HIA) is pleased to see clear confirmation in research released by the National Housing and Finance Investment Corporation (NHFIC) that the price of new homes is directly increased by the various developer charges being applied by local and state governments.
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.
Detached dwelling approvals remain elevated in May 2021
“Detached building approvals fell back in May 2021 from the record level set in April but remain elevated,” stated HIA Economist, Angela Lillicrap.
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.
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.