More housing for workers in Ararat
The Victorian Government is laying the groundwork for more housing to support workers in Ararat, creating jobs and supporting the region as it continues to grow.
Tag: residential
Strong start to 2022 for new home sales
“Sales of new detached homes in the first three months remain exceptionally strong with the second strongest start to the year since 2016, eclipsed only by last year,” stated HIA Economist Tom Devitt.
Pipeline of new homes construction grows
“Detached home commencements fell by 10.1 per cent in the final quarter of 2021 but the number of homes under construction continues to grow,” stated HIA Economist, Tom Devitt.
NSW drives strong demand for new housing into 2022
“Sales of new detached homes recorded an exceptionally strong quarter, led by Australia’s largest state,” stated HIA Economist Tom Devitt.
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.
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.