{{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 lending strengthening
New home lending strengthening
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 ABS released the Lending Indicators data for the month of June 2024 today, which provides the latest statistics on housing finance commitments.
“The number of loans issued for the purchase and construction of a new home has been steadily increasing since the start of 2024, from a very low base,” added Mr Tapang.
“Market confidence appears to be stabilising following nine months without a change in interest rates.
“The number of loans issued for the purchase or construction of a new home increased by 9.2 per cent in the June quarter 2024 compared to the previous quarter.
“This quarterly increase was broad-based, with all states recording more loans issued for new homes in the June quarter 2024 than in the March quarter.
“This increase in lending is partially driven by a return of first home buyers to the market.
“The number of loans issued to first-home buyers in the June quarter 2024 was 5.8 per cent higher compared to the March quarter.
“This suggests that building activity is at, or near, the trough in this cycle.
The ABS also released its Producer Price Index series for the June quarter 2024, which provides the latest statistics on the price of inputs and home building materials.
“Following record high increases in the cost of building materials, the ABS has reported that price growth has returned to well-below the pre-pandemic rate.
“Prices of home building materials rose by 1.1 per cent in the year to June 2024. This is around half the rate of increase seen in the decade prior to the pandemic,” concluded Mr Tapang.
The number of loans issued for new homes in original terms increased by 53.2 per cent in Western Australia in the June quarter 2024 compared to the previous year. This was followed by the Northern Territory (+20.9 per cent), Queensland (+17.1 per cent), New South Wales (+5.3 per cent), the Australian Capital Territory (+5.2 per cent), Tasmania (+4.1 per cent), and Victoria (2.0 per cent). Lending for new homes in the June quarter 2024 fell in South Australia by 1.3 per cent compared to the same time in the previous year.
For more information please contact:
Closing Loopholes Independent Statutory Review Draft Report
HIA has provided a further submission to the Closing the Loopholes Statutory Review on the release of the Draft Report, challenging the appropriateness of the government’s workplace relations reforms.
HIA launches 2026 Victorian State Election Policy Agenda
Today HIA launched its 2026 Victorian State Election Policy Agenda that calls on all political parties to commit to meaningful steps that will improve the challenging and uncertain environment for all who work in and rely on Victoria’s vitally important home building industry.
Molonglo Town Centre Master Plan progress but immediate barriers remain
The ACT Government’s release of the Molonglo Town Centre Master Plan signals progress on one of Canberra’s key future growth areas, but for builders and developers, the reality is that this project will do little to improve current market conditions or near-term housing supply.
HIA welcomes NCC pause Bill passing Parliament
The Housing Industry Association (HIA) has welcomed the passage of the Building Amendment Bill 2026 through the Tasmanian Parliament today, while noting that the final form of the legislation delivers a more limited outcome than originally proposed.