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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.
“A 14.6% month on month increase in new home sales in May is primarily down to WA’s continued population growth and the current state of the established housing and rental market,” said Mr McGowan.
“The lack of established housing availability is driving people to make the decision to build their own new home.
“The housing industry is no different to any other industry in that consistency is the key to delivering housing supply. We are now seeing that consistency and the month-on-month growth is important as we head towards building 20,000 homes per year.
“While the industry in WA has had its challenges over the last three years, the reality is we are now delivering 50 per cent more houses than we were pre-pandemic,” said Mr McGowan.
“As an industry we want to deliver a consistent supply of homes, and we want to build more homes for Western Australian’s. To do that we need consistent sales volumes and to attract more skilled workers from interstate and overseas to compliment the strong local contingent of apprentices that are currently in training.
“The State Government must continue to keep the pressure on the Federal Government to support WA in attracting more workers.
“Without more houses in the metro and regional areas, large infrastructure and resources projects are at risk.
“The growth corridors continue to be popular with consumers and investors with strong interest in Golden Bay, Southern River and Mandogalup,” said Mr McGowan.
“The Housing Industry Association (HIA) is backing calls for a dedicated energy security and supply plan to support Australia’s building product manufacturing sector, acknowledging their critical importance to our economy and providing the essential products for our homes,” HIA Chief Executive – Industry and Policy, Simon Croft, said today.
“The Housing Industry Association (HIA) welcomes the announcement of over 4,600 new homes approved for construction under the national environmental laws, since August this year,” said HIA Chief Executive, Industry and Policy, Simon Croft.
October marks the beginning of National Safe Work Month – a time for us all to pause, reflect, and reinforce our commitment to creating a safe and healthy workplace for everyone,” said HIA Hunter Executive Director Craig Jennion.
The Victorian government has introduced changes to OHS regulations that expressly requires employers to identify psychosocial hazards and how they intend to manage the risks to health and safety.