Demand for residential land elevated
“The announcement of HomeBuilder in June 2020 spurred demand for residential land across the country,” said HIA Economist, Angela Lillicrap.
Tag: property
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.
Property industry confidence continues to climb
Property industry confidence levels are approaching record highs as the sector leads Australia’s economic recovery from the COVID-19 pandemic.
HomeBuilder drives surge in new home building
“The number of new houses that commenced construction in the December quarter was the second highest level on record,” stated Tim Reardon, HIA’s Chief Economist.
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.
New home sales fall as rush to Homebuilder ends
“New Home Sales in January 2021 were just 12.1 per cent lower than at the same time the previous year,” stated HIA’s Chief Economist, Tim Reardon.
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.
EPBC single touch approval: sensible and long overdue reform
The Property Council of Australia has strongly welcomed the Federal Government’s response to the interim report into Australia’s environmental protection legislation.
COVID-19 keeps property industry confidence down
COVID-19 is keeping property industry confidence at a near-record low level despite an improvement in sentiment for the September 2020 quarter.
Building efficiency for jobs and growth
An advocacy agenda released by a coalition of industry bodies is calling on governments to make every building count in Australia’s economic recovery.
Residential property prices rise 3.9 per cent
Price rises in Sydney and Melbourne drove a 3.9 per cent rise in residential property prices in the December quarter 2019, according to figures released by the Australian Bureau of Statistics (ABS).
Population growth continues to slow
“The Australian population continued to slow in the September 2019 quarter, driven by a reduction in overseas migration,” stated Tim Reardon, HIA’s Chief Economist.