{{propApi.title}}
{{propApi.text}} {{region}} Change location{{propApi.title}}
{{propApi.successMessage}} {{region}} Change location {{propApi.title}}
{{propApi.text}} {{region}} Change location{{propApi.title}}
{{propApi.successMessage}} {{region}} Change locationNew home sales remain at rock bottom
New home sales remain at rock bottom
Member and guest login
Enter your email and password to access secured content, members only resources and discount prices.
Did you become a member online? If not, you will need to activate your account to login.
If you are having problems logging in, please call HIA helpdesk on 1300 650 620 during business hours.
Forgotten password
Need some help?
If you are having problems logging in, please call HIA helpdesk on 1300 650 620 during business hours.
If the email address you have entered is registered, you will receive an email with further instructions.
Become part of the HIA community
Enables quick and easy registration for future events or learning and grants access to expert advice and valuable resources.
Create a guest account
Enter your details below and create a login
Send me exclusive tips, early access to new launches, and special offers. I can change my mind at any time.
By clicking Get started now you agree to the terms and conditions and privacy policy.
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.
“With sales relatively stable, albeit at extraordinarily low levels for six months, it does appear that the market has reached rock bottom,” added Mr Reardon.
“This sees sales for the three months to April stable compared to the previous three months.
“This suggests that sales may have levelled out and reached a floor, barely more than half their levels from a year earlier.
“The cancellation rate remains elevated with more than one new home project cancelled for each four new homes sold per month. This is its highest level since the start of the pandemic and is resulting in an accelerated decline in the pool of work sold, but not commenced.
“The RBA’s rate increases last year and this year will continue to hold down new home sales and cause further cancellations as finance becomes unobtainable for an increasing number of buyers.
“Sales of new homes fell in all states in the three months to April except for Western Australia. Sales in Western Australia were higher in the three months to April (+37.1 per cent) than in the previous three months and year (+9.8 per cent).
“Of note, sales in Western Australia in the three months to April 2023 were 40.3 per cent higher than at the same time in 2019. This is an encouraging sign that this market may defy the best efforts of the RBA,” concluded Mr Reardon.
Over the last year, NSW has seen the largest declines, with sales in the April quarter down by 70.5 per cent on the same quarter in the previous year. This was followed by Queensland (-51.7 per cent), Victoria (-46.3 per cent) and South Australia (-13.7 per cent). Western Australia saw the only increase over this period of 9.8 per cent.
Private New House Sales - Australia (seasonally adjusted)
For more information please contact:
Inaugural HIA Hunter Building Women Awards celebrate industry leaders
The achievements, leadership and contributions of women in the residential building industry were recognised today at the 2026 HIA Hunter Building Women Awards.
FWC’s Clerks Award WFH decision is a solution to a problem that doesn’t exist
The Housing Industry Association (HIA) has welcomed the Fair Work Commission’s rejection of union-backed attempts to create a mandated right to work from home but says the decision to insert a new WFH clause into the Clerks – Private Sector Award 2020 is unnecessary.
Regional infrastructure commitment a welcome focus on getting homes built
The Housing Industry Association (HIA) welcomes the Coalition’s commitment to guarantee $1.5 billion for critical housing infrastructure in regional Australia, saying investment in roads, water, sewerage and power is essential to turning housing targets into actual homes.
Cairns needs to get its land shovel-ready for new housing
“The median price of residential land across the Cairns region jumped to $363,750 in the first quarter of 2026, a record high and 41 per cent higher than a year earlier,” stated HIA Executive Director Peter Fry.