HIA chief economist Tim Reardon

“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.

“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.