Policy reset required to build 1.2 million homes - HIA
While social and affordable housing is crucial for supporting with home ownership, a balanced approach that also boosts private market housing is essential to address Australia’s broader housing crisis, says HIA Managing Director, Jocelyn Martin.
“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.
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.
