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.
Shortage of skilled trades remains acute, despite return of skilled migration - HIA
The HIA Trades Report provides a quarterly review of the availability of skilled trades and any demand pressures on trades operating in the residential building industry.
“Recent population growth directly links to our housing needs. Without a clear policy on skilled migration for both the short and long term, it is extremely difficult for the home building industry to prepare and meet the demand for housing which is already at crushing highs,” said Jocelyn...
