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Residential building and construction

Economics: Housing industry insights

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The Australian residential building industry contributes $95 billion each year to the Australian economy and drives the economic livelihood of millions. 

HIA provides data, in-depth research and expert analysis to help HIA members and non-members understand the influences that affect the housing industry and guide them to adapt their strategic planning and stay ahead of the curve.  

Explore our reports, forecasts and insights to find out what lies ahead for home building and find out more about the specific issues that impact your business.

Housing Outlooks

Each quarter, our Housing Outlooks provide a detailed analysis of national and state-specific home building and renovations activity. This data is collected from our membership base who are responsible for more than 80% of Australia’s residential construction work each year.

Buy now

HIA creates a significant library of expert-led reports specifically designed for builders and business owners in the residential building industry. Our Housing 100 series and New Home Sales Reports are HIA-exclusive and are built from data collated from Australia’s largest builders. HIA also produces national and state-specific outlooks, detailed analysis of housing affordability and land statistics, the latest stamp duty developments and much more. Get all the information you need on our industry, right here.

Featured report

National Outlook

A comprehensive, up-to-date, and easy to follow quarterly forecast of home building and renovation activity nationally.

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Building Australia’s economy

Across the country the residential building industry is a driver of Australia’s economy, with billions in economic activity delivering around 200,000 homes every year. HIA’s mission is to support the housing industry to sustain their businesses throughout the industry cycles with accurate forecasting and strong advocacy. We speak up for the one million people working every day to build Australia’s homes of the future.

Latest insights
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17 Dec
2024 that’s a wrap, what a year

As we approach the new year, HIA is ready to tackle both ongoing and emerging challenges facing the building industry.

16 Dec
Australian Population Jun Qtr 2024

There was a surprise fall in net overseas migration into Australia in the June Quarter 2024.

13 Dec
Labour force November 2024

Australia’s unemployment rate in November officially fell from 4.1 per cent to 3.9 per cent, the same rate of unemployment when the RBA first increased interest rates in 2022. Despite some monthly variations, the average rate of unemployment is likely to remain at or around 4 per cent.

05 Dec
National Accounts (GDP) September 2024

Australia’s GDP grew in real terms by 0.3 per cent in the September quarter 2024, to be just 0.8 per cent higher than at the same time in the previous year. This is an economy that is crawling at its slowest rate since the 1991 recession (excluding the pandemic), only managing to keep its head above water thanks to government spending making up for weakness across the private sector. The share of public sector demand reached its highest level on record, at 28.0 per cent of GDP. Even rapid population growth was not enough to see an increase in total household consumption.

Tailored research & analysis

Looking for specialised research for your business or industry sector? Contact the HIA economics team to source data, analysis and tailored information.

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Meet the team

HIA economics is Australia’s leading source of analysis, forecasting and information on the residential building industry and all things home building. Our team understands the industry, the trends and the businesses that deliver almost 200,000 homes every year. Providing reports, undertaking research and presenting at events across the country means we are connected to what’s happening on the ground now. The information you get from HIA economics stands out from the rest.

HIA economics provides industry insights based on what we hear from builders, tradies, manufacturers and suppliers ‘on the ground’ across Australia. Industry knowledge is our strength.

Tim Reardon

HIA Chief Economist


Thomas Devitt

HIA Senior Economist

Matt King

HIA Senior Economist

Maurice Tapang

HIA Economist

Kirsten Lewis

Economics Group Coordinator