{{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 locationSales of new homes in Western Australia defy rate rises
Sales of new homes in Western Australia defy rate rises
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 is a monthly survey of the largest volume home builders in the five largest states and is a leading indicator of future detached home construction.
“The only exception to this low volume of sales is in Western Australia where it appears that house building will defy the efforts of the Reserve Bank,” added Mr Reardon.
“The volume of new home sales in Western Australia has increased since a trough in early 2023 resulting in sales in the three months to the end of November being 49.1 per cent higher than at the same time the previous year.
“The strength of sales in Western Australia is now flowing through to a modest rise in approvals. This is likely to see a steady flow of new home starts for Western Australia in 2024.
“Unfortunately, the ongoing acute shortage of skilled trades people in Western Australia will cap the growth in starts.
“This is a very unique outcome and will see Western Australia remain out of cycle with the rest of the country.
“Nationally, new home sales across Australia fell by 7.0 per cent in the month of November and remain at low volumes as rising interest rates continue to constrain house building.
“This will see the volume of homes commencing construction continue to contract in 2024 resulting in the lowest number of new house commencements since 2012,” concluded Mr Reardon.
New home sales across Australia in the three months to November 2023 decreased by 0.1 per cent compared to the same time in the previous year. By jurisdiction, sales in the same three-month period compared to the previous year fell in South Australia (-26.1 per cent), Victoria (-14.2 per cent) and NSW (-9.4 per cent). Sales in Queensland increased by 6.3 per cent compared to the previous year, while Western Australia saw a 49.1 per cent increase in the same period.
New Home Sales, Western Australia
For more information please contact:
Cost increases, Minimum Financial Requirements and WorkSafe Enforcement updates
With Easter coming up it is time for an update on fuel price related cost increases, the proposed minimum financial requirements, and also some enforcement activity by WorkSafe.
Stadium Workforce Planning is Essential to Protect Housing Supply
Tasmania can deliver both the Macquarie Point Stadium and the homes the community urgently needs, but only if government adopts a clear and coordinated construction workforce strategy, according to the Housing Industry Association (HIA).
Approvals rise prior to conflict in the Middle East
“New house building approvals were relatively steady in February 2026 at 9,950, the second highest monthly volume in over three years,” stated HIA Senior Economist Tom Devitt.
Tax changes will cripple housing supply and punish renters
Proposed changes to negative gearing and capital gains tax would worsen Australia’s rental crisis by reducing the supply of housing and putting upward pressure on weekly rents, Housing Industry Association (HIA) Managing Director Jocelyn Martin said today.