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: residential
Pandemic drives ‘super cycle’ of housing demand
“Sales of new detached homes increased by a further 11.3 per cent in December,” stated HIA Economist Tom Devitt.
Record year for new homes starts
“More detached homes commenced construction in the 12 months to September 2021 than in any previous period,” stated HIA Economist, Tom Devitt.
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Detached home building to remain strong throughout 2022
“Demand for new detached and multi-unit housing has remained strong, suggesting that the current boom in home building will be sustained throughout 2022,” stated HIA Chief Economist, Tim Reardon.
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.
In-home renovations set to reopen ahead of schedule
“The reopening of renovations in occupied homes ahead of schedule will provide a much needed boost to the residential building industry and help many families who have been waiting for their home renovations projects to either commence or resume,” said HIA’s Victorian Executive Director, Fiona…
New home sales strengthen in September 2021
“Sales of new detached houses increased by 2.3 per cent in September compared to the previous month,” stated HIA Economist Tom Devitt.
The most popular room in the house is the outdoor one
Landscaping expert and Charlie Carp ambassador, Jason Hodges, is urging Australian homeowners to rekindle their love affair with the outdoors for improved wealth, health, wellbeing and peace of mind. With homeowners looking to make better use of limited outdoor space due to increasing pressures of…
Industry welcomes the chance to get back to work
The residential building industry has welcomed the news that they will be back to work on 10 September 2021, however, has warned that it is essential that the lockdown does not go beyond this date.
Regions benefit from exodus from Sydney and Melbourne
“More than 60,000 people departed Sydney and Melbourne to other parts of the country in the 12 months to March 2021,” stated HIA’s Chief Economist, Tim Reardon.
Record number of detached starts in the March quarter
“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.