New home sales rise in NSW, Victoria, Queensland and WA, but market has not yet bottomed out, says HIA
The Housing Industry Association's New Home Sales report has shown a quarterly increase in the number of new home sales, although the figure remains well below what it was at the same time last year.
New home sales see growth for the first time since 2017, HIA
Around the states, new home sales rose for the June quarter compared to the previous quarter in Victoria (+5.1 per cent), Western Australia (+2.9 per cent) and South Australia (+2.6 per cent).