COMPANY RE partners with Alphaline, aiming to bring more affordable housing to the market
“With the average Australian house price now nearly nine times the average household income, the dream of owning your own home is increasingly out of reach for many Australians,” said COMPANY RE managing director Talei Watene.
Residential construction costs pick up pace in September quarter - CoreLogic
CoreLogic Construction Cost Estimation Manager John Bennett said building materials costs had stabilised, with minimum increases and decreases being recorded for the quarter.
“Various segments of the housing market are increasingly active, with lending to first-home buyers, owner occupiers, and investors increasing in the first half of 2024,” stated HIA Economist, Maurice Tapang.
REIWA welcomes new fund to boost housing completions
REIWA CEO Cath Hart welcomed the Cook Government’s announcement of an interest-free loan facility to help home builders complete unfinished properties.
Construction crisis just about over says Ray White Group Chief Economist
It is therefore good news that construction costs are finally starting to ease. So much so that in Perth and Hobart, construction costs are actually declining. What has turned conditions around? By Nerida Conisbee, Ray White Group Chief Economist.
The HIA-CoreLogic Residential Land Report provides updated information on sales activity in 51 housing markets across Australia, including the six state capital cities.
Cash rate continues to impede housing supply - HIA
“Sales of new homes across Australia fell by 4.8 per cent in June, to remain at rock bottom levels. This poor result in June leaves sales in the 2022/23 financial year down by 33.2 per cent compared to the previous year,” stated HIA Chief Economist Tim Reardon.
“South Australia tops the HIA Housing Scorecard, supported by state policies that aim to increase the supply of housing,” stated Tim Reardon, HIA’s Chief Economist.
HIA welcomes new National President & Vice President
The Housing Industry Association (HIA) is pleased to announce the appointment of Ms Debbie Johnson from Building Suncoast Green as National President and Mr Ian Hazan from i2 Homes as National Vice President.
