{{ propApi.closeIcon }}
Our industry
Our industry $vuetify.icons.faArrowRight
Economic research & forecasting Economics Housing outlook Economic reports & data Tailored market research Advocacy & policy Advocacy Policy priorities Position statements Submissions News and inspiration Industry news Member alerts Media releases HOUSING Online
Business support
Business support $vuetify.icons.faArrowRight
Become an apprentice host Hire an apprentice Why host a HIA apprentice? Apprentice partner program Builder & manufacturer program Industry insurance Construction legal expenses insurance Construction works insurance Home warranty insurance Tradies & tool insurance Planning & safety solutions Building & planning services How can safety solutions help you? Independent site inspections Solutions for your business Contracts Online HIA Tradepass HIA SafeScan Advertise jobs Trusted support & guidance Contracts & compliance support Professional services Industrial relations Member savings Toyota vehicles Fuel savings Handy pay See all
Resources & advice
Resources & advice $vuetify.icons.faArrowRight
Building it right Building codes Australian standards Getting it right on site See all Building materials & products Concrete, bricks & walls Getting products approved Use the right products for the job See all Managing your business Dealing with contracts Handling disputes Managing your employees See all Managing your safety Falls from heights Safety rules Working with silica See all Building your business Growing your business Maintaining your business See all Other subjects COVID-19 Getting approval to build Sustainable homes See all
Careers & learning
Careers & learning $vuetify.icons.faArrowRight
A rewarding career Become an apprentice Apprenticeships on offer Frequently asked questions Study with us Find a course to suit you Qualification courses Learning on demand A job in the industry Get your builder's licence Continuing Professional Development (CPD) Find jobs
HIA community
HIA community $vuetify.icons.faArrowRight
Join HIA Sign me up How do I become a member? What's in it for me? Mates rates Get involved Become an award judge Join a committee Partner with us Our initiatives HIA Building Women GreenSmart Kitchen, bathroom and design hub Get to know us Our members Our people Our partners Support for you Charitable Foundation Mental health program
Awards & events
Awards & events $vuetify.icons.faArrowRight
Awards Awards program People & Business Awards GreenSmart Australian Housing Awards Awards winners Regional Award winners Australian Housing Award winners 2023 Australian Home of the Year Enter online Industry events Events in the next month Economic outlook National Conference Events calendar
HIA products
HIA products $vuetify.icons.faArrowRight
Shop @ HIA Digital Australian Standards Contracts Online Shipping & delivery Purchasing T&Cs See all Products Purchase NCC 2022 Building codes & standards Economic reports Hard copy contracts Guides & manuals
About Contact Newsroom
$vuetify.icons.faTimes
$vuetify.icons.faMapMarker Set my location Use the field below to update your location
Address
Change location
{{propApi.title}}
{{propApi.text}} {{region}} Change location
{{propApi.title}}
{{propApi.successMessage}} {{region}} Change location

$vuetify.icons.faPhone1300 650 620

Demand for housing and first homebuyer activity remain strong

Media release

Demand for housing and first homebuyer activity remain strong

Media release
The value of loans, excluding refinancing, issued for housing towards the end of 2021 was elevated as demand remains very strong.

The ABS released the Lending to Households and Businesses data for November 2021 today. The data provides statistics on housing finance commitments.

“The value of loans to owner occupiers increased by 7.6 per cent in the month of November. This leaves the value of loans to owner occupiers 46.0 per cent higher in the 12 months to November 2021 compared to the previous 12 months,” added Mr Ward.

“The number of loans to first home buyers increased in November and accounted for 34 per cent of owner occupier loans. This remains above the average of the past decade,” stated HIA Senior Economist, Nick Ward.

"The number of loans issued to owner-occupiers to construct a new dwelling was up 48.3 per cent in the 12 months to November 2021, compared to the previous 12 months,” added Mr Ward.

“The value of loans to investors were 69.5 per cent higher in the 12 months to November 2021, compared to the previous 12 months, as investors respond to the very tight rental markets around the country,” continued Mr Ward.

“The boom in renovations also looks set to continue with lending for renovations up by 91.4 per cent in the 12 months to November compared to the previous 12 months,” concluded Mr Ward.

For more information please contact:

Nick Ward

Senior Economist

Tim Reardon

Chief Economist
Latest articles
View all news $vuetify.icons.faArrowRight
29 Feb
Craig Smythe awarded Life Membership

Last week Craig Smythe from of Adbuild Constructions received HIA Life Membership in recognition of his service to the residential construction industry over the last 35 plus years. He becomes only the third Hunter member to receive this prestigious award.

27 Feb
Blocking UTAS move a backward step in housing supply

“The long-discussed move of the University of Tasmania (UTAS) from the Sandy Bay campus presents a real opportunity to ease housing pressures in Greater Hobart,” said Stuart Collins, HIA Executive Director Tasmania.

27 Feb
Continuing Professional Development (CPD) on the way

The Victorian Government has announced it is proposing Regulations that will require building practitioners and plumbers to meet Continuing Professional Development (CPD) requirements. A Regulatory Impact Statement and proposed regulations has been released for public comment.

27 Feb
EIE: Changes to create low-and mid-rise housing - NSW

HIA commented on the Explanation of Intended Effect (EIE) which outlines proposed changes to encourage more low-rise and mid-rise housing (December 2023).

HIA-COLORBOND® steel Housing 100

Review the latest activities, market share and statistics of Australia’s largest homebuilders and residential developers.

Trades Report

Understand the availability of skilled trades and the costs associated on both a national and state level.

HIA Kitchens and Bathrooms Report

Understand the current and future forecasts for the kitchen and bathroom industries.

New Home Sales Report

Understand the current new home sales and construction activity each month.

Housing Australia's future

Understand the future of housing in Australia with this comprehensive report on population and growth.

HIA Stamp Duty Watch

Understand the latest developments in stamp duty on home purchases.