Detached dwelling approvals reach new record
“Detached building approvals in March reached their highest level since the ABS began this series in 1983,” stated Senior Economist, Nick Ward.
Tag: residential
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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.
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.
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 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.
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.
2021 to be a record year for detached home building
“It is anticipated that almost 130,000 new detached homes will commence construction in 2021. The previous record of 120,000 starts in a calendar year was set in 2018,” stated HIA’s Chief Economist, Tim Reardon.
Expert tips on adding value to your property and your lifestyle
With access to nature on our doorsteps, it’s no surprise that Australian’s love spending time outside. An increasing demand to enjoy outdoor living at home has turned the humble backyard into an al fresco lifestyle dream. Homeowners investing in this multi-functional space are finding it…
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.
Detached Building Approvals Reach Record High
“ABS Building Approvals data for detached houses rose for the sixth consecutive month in December (2020), to reach the largest number of approvals since the series began in 1983,” stated HIA 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.