“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.
Strong start to 2022 for new home sales
Pipeline of new homes construction grows
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.
Housing affordability needs to be front and centre this election
Housing affordability needs to be front and centre this election
With the official launch of the federal election campaign HIA will be working hard to ensure that all sides of politics have a clear plan on how to help all Australians have safe and secure housing.
Expanded home guarantee scheme supports home ownership
Expanded home guarantee scheme supports home ownership
“The extension of the first home loan deposit scheme and the new home guarantee scheme will make a real difference in the lives of thousands of Australians looking to achieve home ownership over the next three years,” said HIA Managing Director, Graham Wolfe.
Impediments to housing supply must be addressed
Impediments to housing supply must be addressed
“The recommendations set out in today’s (March 18 2022) release of the federal inquiry into housing affordability and supply put a number of important recommendations on the table to improve housing supply,” said HIA Managing Director, Graham Wolfe.
New home sales fall in February 2022
New home sales fall in February 2022
“New home sales fell by 7.0 per cent in February following an 8.3 per cent decline in January,” stated HIA Economist Tom Devitt.
Building approvals fell sharply during Omicron outbreak
Building approvals fell sharply during Omicron outbreak
“Building approvals fell by a remarkable 27.9 per cent in January 2022, as Omicron disrupted the record boom in home building,” stated HIA Economist Tom Devitt.
NSW drives strong demand for new housing into 2022
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.
Owner occupiers drive record year in housing finance
Owner occupiers drive record year in housing finance
“Owner occupiers bounced back at the end of 2021 to produce the biggest year of home loans on record,” stated HIA Economist, Tom Devitt.
Scarcity of residential land sees prices surge
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.
