Building
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1.1KStrong start to 2022 for new home sales
“Sales of new detached homes in the first three months remain exceptionally strong with the second strongest start to the year since...
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1.2KPipeline of new homes construction grows
“Detached home commencements fell by 10.1 per cent in the final quarter of 2021 but the number of homes under construction continues...
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1.3KConstruction plan could save economy billions
The construction industry will continue to take a leading role in rebuilding Australia’s economy with a further $17.9 billion in infrastructure funding...
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1.4KImpediments to housing supply must be addressed
“The recommendations set out in today’s (March 18 2022) release of the federal inquiry into housing affordability and supply put a number...
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833Building approvals fell sharply during Omicron outbreak
“Building approvals fell by a remarkable 27.9 per cent in January 2022, as Omicron disrupted the record boom in home building,” stated...
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773Construction activity improves in February 2022
The Australian Industry Group/Housing Industry Association Australian Performance of Construction Index (Australian PCI®) improved by 7.5 points to 53.4 in February, indicating...
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1.2KVictoria’s Construction Sector Booming
The Victorian Government is delivering continued economic certainty and growth with Victoria performing as the strongest state for construction work and the...
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1.1KScarcity of residential land sees prices surge
“A significant increase in the price of land indicates that supply is not keeping pace with demand,” said HIA Economist, Angela Lillicrap.
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952Record year for new homes starts
“More detached homes commenced construction in the 12 months to September 2021 than in any previous period,” stated HIA Economist, Tom Devitt.
