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{{propApi.successMessage}} {{region}} Change locationStrongest home sales for 3 years
Strongest home sales for 3 years
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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.
“This is the strongest performance for new home sales in almost three years,” added Mr Reardon.
“The rise in sales reflects the impact of two cuts to the cash rate this year and EOFY incentives that have been on offer given the competitive nature of the home building market.
“The increase in new home sales is supported by low levels of unemployment, recovering real wages and elevated housing demand from ongoing population growth.
“Sales of new homes are higher in all states in the three months to June compared to the previous quarter, despite a drop in sales in the most recent month in New South Wales, Victoria and Western Australia.
“Despite this increase the volume of sales in New South Wales and Victoria remain very low with elevated land costs holding back Australia’s largest states for longer than the more affordable states.
“Sales increased in the month of June in Queensland and South Australia to push them to multi-year highs.
“Western Australia’s builders continue to be constrained by labour shortages, preventing them from taking on more work despite ongoing strong demand for housing. The ongoing $10,000 incentive for construction workers to relocate to Western Australia attempts to resolve this issue.
“Despite expected further cuts to the cash rate and a recovery in market confidence, there remains a shortage of housing in Australia due to the tax and regulatory barriers to increasing supply,” concluded Mr Reardon.
All states had increased new home sales in the June quarter 2025 compared to the previous quarter led by Victoria (+27.7 per cent). This was followed by Queensland (+26.2 per cent), Western Australia (+11.3 per cent), South Australia (+9.9 per cent) and New South Wales (+9.3 per cent).
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Private New House Sales - Australia (seasonally adjusted)
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Strongest home sales for 3 years
“Sales of new detached homes increased by 18.8 per cent in the three months to June 2025 compared to the previous three months,” stated HIA Chief Economist, Tim Reardon.
NT approvals reform a step in the right direction
“The Housing Industry Association has welcomed the Northern Territory Government’s commitment to streamlining the Territory’s planning and building approval system,” HIA Executive Director NT, Luis Espinoza said today.
New Housing Pattern Book is a step in the right direction
“HIA welcomes the release of the new NSW Housing Pattern Book, which is another tool that could help make the delivery of new housing in NSW easier,” said Brad Armitage, HIA NSW Executive Director.
Housing commitments in focus ahead of Tasmanian state election
With the Tasmanian state election on 19 July fast approaching, the Housing Industry Association (HIA) welcomes the strong focus from both major parties on policies that boost housing supply.