Loans for new home building remain elevated but below peak - HIA
“The number of loans for the construction of a new dwelling continued to fall in May, but remain elevated compared to pre-COVID levels,” stated HIA Economist, Angela Lillicrap.
“Australia’s annual population growth has fallen to its slowest rate since 1916 with the sharpest decline occurring in Victoria,” stated Tim Reardon, HIA’s Chief Economist.
