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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.
“The ACT currently has the weakest detached housing and renovations markets in the country and sits second last for multi-dwelling approvals.
“The number of new detached houses being approved and commenced has plummeted to its lowest level since before records began half a century ago.
“The ACT and the Northern Territory are the only jurisdictions where the volume of houses under construction is below their respective decade averages.
“The fortunes of Canberra’s multi-unit market have also taken a tumble. The last year of multi-unit approvals has been the weakest in over 15 years, almost 50 per cent lower than its decade average in the most recent quarter.
“The result has been a shrinking in the volume of multi-units under construction to its lowest volume in seven years. This is a dramatic turnaround from the significant volumes of apartment building undertaken in the nation’s capital over the last decade-and-a-half.
“The ACT has seen the most dramatic deterioration in interstate migration flows of any jurisdiction. The most recent quarter reveals a net outflow of over 400 residents, compared to a decade average of nearly zero.
“Failure to address the structural issues around land costs and regulations means residents could continue leaving the Australian Capital Territory.
“HIA has welcomed recent changes to the planning system proposed by the ACT Government and believes that the ‘missing middle’ initiative has the potential to see significantly more low rise multi-residential dwellings delivered in the Capital.
"However, in the absence of broader reform to impediments such as third-party appeals, lease variation charges and approval delays, there is a risk that these potential gains won’t be realised,” concluded Mr Weller.
“HIA backs the bipartisan approach to planning reform that is now on the table, and the expansion of complying development to speed up planning approvals and get more people into more homes sooner,” said Brad Armitage, HIA Executive Director NSW.
The Housing Industry Association (HIA) has proudly recognised South Australia’s most promising young talent at the 2025 HIA South Australian Apprentice Awards, held at the National Wine Centre of Australia in Adelaide on Friday night.
“The Housing Industry Association (HIA) welcomes today’s announcement to bring forward the start of the expanded Home Guarantee Scheme to 1 October. This promises to open doors for more people and is an important boost for aspirational home buyers in Australia,” said Jocelyn Martin, HIA Managing Director.
The Housing Industry Association (HIA) is pleased to see the announcement for action on red tape and approvals made by Minister for Housing Homelessness and Cities Clare O’Neil. “The burden of regulation related to building, planning and approvals is adding cost, and delays which is impacting our ability to supply the homes we need”, HIA’s Managing Director Jocelyn Martin said today.