HIA New Home Sales Report

“New Home Sales in January 2021 were just 12.1 per cent lower than at the same time the previous year,” stated HIA’s Chief Economist, Tim Reardon.

“The full impact of HomeBuilder is now evident in the HIA’s New Home Sales Report with sales now 11.8 per cent higher in the seven months since restrictions came into effect than at the same time last year,” commented HIA Chief Economist, Tim Reardon.

 The HIA New Home Sales Report and ABS building approvals figures show that new home builders were still feeling the winter chill in August.

New research by HIA has revealed that new home sales appear to have stabilised in the first quarter of 2019.