First Time Buyers Drag on Sales
According to the latest Housing Industry Association (HIA) survey of Australia’s largest builders, the number of new home sales fell by 4.6 per cent in December 2009 as interest rates rose and the impact from the First Home Owner Boost continued to wane.
Population Boom to Push Housing Demand to the Limit
The Housing Industry Association, Australia’s largest building industry organisation, welcomes the release of the Federal Government’s third Intergenerational Report (IGR). The HIA recognises the report as a timely reminder of the enormous challenges already faced by many other advanced economies and that will increasingly be faced by Australia.
Steady Rates the Appropriate Decision - HIA
The Housing Industry Association (HIA), Australia’s largest building industry organisation, applauds the Reserve Bank’s decision to adopt a wait and see approach to interest rates.
National Land Sales and Prices Surge
The cost of residential land continues to rise nationally; with a new report showing the median price of raw land jumped 5.7 per cent to $181,158 in the September 2009 quarter.
Building Approvals Moving in Right Direction
The Housing Industry Association, Australia’s largest building industry organisation, said that building approvals grew by 2.2 per cent in December 2009. The December quarter was a remarkable 34.9 per cent stronger than a year earlier in a positive sign that the new home building recovery is well underway.
Approvals Recovery on Track
A solid increase in approvals in December comes on top of a markedly higher revised figure for November and is positive news for the housing recovery, according to Master Builders Australia, the peak body for the building and construction industry.
The Coalition's Emissions Reduction Fund: Inclusion of buildings welcome, but more detail needed
The Green Building Council of Australia is pleased that the Coalition's proposed Emissions Reduction Fund will cover buildings, but looks forward to further detail about how the scheme will reduce greenhouse gas emissions from the building sector.
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