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{{propApi.successMessage}} {{region}} Change locationNew home sales strengthen in September
New home sales strengthen in September
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The HIA New Home Sales report – a monthly survey of the largest volume home builders in the five largest states – is a leading indicator of future detached home construction.
“It has been over six months since the end of HomeBuilder in March 2021 and sales have remained resilient,” added Mr Devitt.
“In the six months from April to September, New Home Sales were 9.3 per cent above the same period in 2019 and 0.8 per cent above the same period in 2018.
“On a quarterly basis too, the last three months were up by 7.4 per cent and 0.6 per cent on the same quarters in 2019 and 2018, respectively.
“These are the best years for comparison, rather than 2020, as they pre-date both the pandemic and the HomeBuilder stimulus.
“These relatively strong sales will ensure that the boost in home building flows through to the second half of 2022. When combined with the ongoing strength in renovation activity the home building sector will continue to pull the economy forward for at least the next year.
“This will continue to see high demand for skilled trades and ongoing employment opportunities in the sector into the second half of 2022,” concluded Mr Devitt.
In the six months to September 2021, Western Australia led the pack, up by 46.3 per cent compared to the same period in 2019, followed by New South Wales (+34.6 per cent), Queensland (-0.8 per cent), Victoria (-6.1 per cent) and South Australia (-13.4 per cent).
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Detached house approvals picking up
“There were 9,490 detached homes approved in the month of April 2025, up by 3.3 per cent compared to the previous month,” stated HIA Senior Economist Maurice Tapang.
State Budget is a missed opportunity to stimulate housing
The Treasurer has handed down the 2025/26 Tasmanian Budget. The Budget focuses on alleviating cost of living pressures, health, education and infrastructure, while mapping out a path to a fiscal balance surplus in 2032/2033.
HIA supports bipartisan approach to planning reform NSW
“The NSW planning system has failed to deliver the number of homes we desperately need and we fully support removing the politics from housing, to address this growing crisis,” said Brad Armitage, HIA Executive Director NSW.
Opposition pledge to remove stamp duty for first home buyers welcomed (Vic)
The Victorian Opposition’s announcement that it would remove stamp duty for first-home buyers spending up to $1 million on a new or existing home if elected at next year’s state election, is a positive step towards improving home affordability,” says Steven Wojtkiw, HIA Victoria Deputy Executive Director.