2021 to be a record year for detached home building - HIA
“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.
New home deposit guarantee will help first home buyers: HIA
The Housing Industry Association (HIA) welcomes the news that banks will start accepting loan applications for the New Home Guarantee under the First Home Loan Deposit Scheme.
As the Property Council of Australia looks ahead for longer term stimulus in the building industry, the Housing Industry Association says incentives now are needed for the second half of 2020, to save half a million jobs.
Real estate industry comes to the rescue of bushfire victims
The Real Estate Institute Industry of Australia has announced Beyond the Bricks, a three phase plan involving the whole industry, to help those devastated by the Australian bushfires.
State governments too dependent on stamp duty revenues, says report
Victoria has the highest dependency on stamp duty revenues closely followed by New South Wales, according to the latest Housing Industry Association Stamp Duty Watch report.