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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.
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“There were 9,490 detached homes approved in the month of April 2025, up by 3.3 per cent compared to the previous month,” stated HIA Senior Economist Maurice Tapang.
The Treasurer has handed down the 2025/26 Tasmanian Budget. The Budget focuses on alleviating cost of living pressures, health, education and infrastructure, while mapping out a path to a fiscal balance surplus in 2032/2033.
“The NSW planning system has failed to deliver the number of homes we desperately need and we fully support removing the politics from housing, to address this growing crisis,” said Brad Armitage, HIA Executive Director NSW.
The Victorian Opposition’s announcement that it would remove stamp duty for first-home buyers spending up to $1 million on a new or existing home if elected at next year’s state election, is a positive step towards improving home affordability,” says Steven Wojtkiw, HIA Victoria Deputy Executive Director.