Housing industry insights
Advocacy & policy
News & inspiration
Support & guidance
Member perks
Industry insurance
For your business
Apprentices
Building it right
Building materials & products
Managing your business
Managing your safety
Building your business
Other subjects
A rewarding career
Study with us
A job in the industry
Grow with us
Our podcasts
Our initiatives
Get involved
Awards
Awards winners
Industry events
Most popular products
Top categories
For your business
{{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 stable in September
New home sales stable in September
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.
“New home sales in the month of September was unchanged compared to August, which leaves sales over the past twelve months higher by 8.6 per cent compared to the previous year,” added Mr Tapang.
“The increase in sales in South Australia, Western Australia and Victoria offset the monthly decline in sales in NSW and Queensland in September.
“Consumer confidence is slowly trickling back into the Australian economy, with the most recent Westpac-Melbourne Institute measure showing the best result in over two years.
“This improvement in consumer confidence will take time to trickle through new home building, as consumers get greater certainty with interest rates and economic conditions.
“Consumers tend to bide their time when it comes to big-ticket purchases, such as buying a new home, especially in a downward cycle.
“Leading indicators of home building activity continue to suggest that the market has already reached its trough sometime in mid-2024, even as NCC changes distort and obscure the data.
“New home sales in South Australia increased by 32.4 per cent compared to August. NCC changes took effect from 1 October 2024 and pulled forward sales into September.
“As was consistent in NSW in September 2023 and Queensland and Victoria in April 2024, this will likely leave a shadow of demand in sales in the months that followed.
“While it remains to be seen, strong demand for housing will likely keep this pull-forward relatively modest, as economic and household conditions improve.
“Strong population growth, low unemployment, real wages growth and the prospect of no further increases to interest rates will drive new home building activity out of the downward cycle,” concluded Mr Tapang.
New home sales in the September quarter 2024 were 3.9 per cent lower compared to the same time in the previous year, which is distorted by the strong pull forward in sales in NSW in September 2023.
Sales in Queensland in the September quarter 2024 rose by 50.2 per cent compared to the same time in the previous year, the strongest annual increase. This was followed by South Australia (+18.5 per cent). The other states recorded declines in sales, led by NSW (-25.5 per cent), followed by Western Australia (-18.4 per cent) and Victoria (-11.7 per cent).
Private New House Sales - Australia (seasonally adjusted)
For more information please contact:
New rules add thousands to the cost of a new home as Tasmania falls years behind on housing
From today, every new home built in Tasmania must meet the full Livable Housing Design requirements. The Housing Industry Association says this adds thousands of dollars to the cost of building a home, at a time when Tasmanians can least afford it.
Rules for managing the risk of falls have changed - are you up to date?
Changes to Western Australia's requirements for managing the risks of falls will commence on 1 October 2026, introducing new expectations for builders, contractors and workers undertaking tasks where there is a risk of falling.
Livable Housing Design: final stage now in force
As of today, 1 October 2026, all new building work in Tasmania, unless exempt, must comply with all requirements of Part H8 Livable Housing Design of NCC Volume Two.
ACT housing approvals slump puts 2030 target under pressure
“The ACT’s housing supply pipeline is weakening, with building approvals in the three months to August halving compared with a year earlier,” said HIA Executive Director ACT and Southern NSW, Geordan Murray.