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HIA’s Housing Scorecard benchmarks contemporary levels of activity in each state and territory against long term averages across indicators of home building and renovations activity, lending data and population flows.
“Population flows from overseas and interstate, into both North Queensland and the Southeast corner, have supported home buying activity in the state,” added Mr Tapang.
“Strong demand amid limited supply has led to a rise in residential building activity in Queensland, including both new homes and renovations.
“Following Queensland in these rankings are Western Australia and South Australia, where there is strong ongoing demand for building new homes.
“Exceptionally low unemployment rate, strong population growth and stable interest rates have sustained the key dynamics necessary for strong demand for new home building.
“With this relatively stable macro-dynamic, it will increasingly be state government policies and economic outlooks that will determine the strength of home building over the short to medium term.
“Just as state and local government policies set the limit to the floor in this cycle, the diverging outlook between home building markets will also be determined by the same policy decisions.
“States that are able to offer employment opportunities and more affordable residential land will see a stronger outlook for home building activity in coming years.
“As it stands, the momentum of ongoing population growth and home building in Western Australia could see it top this Scorecard in 2025,” concluded Mr Tapang.
Download our HIA Housing Scorecard
The following is attributable to Tim Reardon, HIA’s Chief Economist
October is National Safe Work Month, which is an important time for both employers and workers to focus on, and commit to, promoting safe and healthy workplaces, according to the Housing Industry Association (HIA) Chief Executive – Industry & Policy Simon Croft.
The latest figures from the Australian Bureau of Statistics (ABS) show that while new home building approvals in the ACT have lifted slightly in 2025, the pace of growth remains far too slow to meet the territory’s housing needs.
HIA have been lobbying for changes to streamline the process which will allow certifiers to issue Certificates of Occupancy (CoO).