{{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 location80% of builders expect home building to slow after Budget decisions
80% of builders expect home building to slow after Budget decisions
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.
“The recent decline in sales reflects households becoming more cautious in response to higher borrowing costs and increased uncertainty, rather than a reduction in Australia's need for homes,” stated HIA Chief Economist Tim Reardon.
“Despite the decline since the Federal Budget, sales in the June quarter remain 4.6 per cent higher compared to the previous year, while sales in the 2025/26 financial year remain 18.4 per cent higher compared to the previous year.
“Households continue to face the cumulative impact of three interest rate increases this year, while uncertainty surrounding recent housing policy changes has encouraged many prospective purchasers to delay, or cancel, major financial decisions.
“The consequence of recent policy announcements is that more than 80 per cent of builders expect commencements of new homes to fall by at least five per cent. Half of these builders expect commencements of new homes to fall by more than 10 per cent.
“The prohibition of borrowing to build a new home by some superannuation funds is estimated to cause a fall in detached commencements alone by around 3.5 per cent to 5 per cent. It’s likely that the adverse impact on apartments will be much larger.
“This month's New Home Sales report highlights a 50 per cent jump in cancellations of new home sales contracts in June compared to the previous month. This is likely due to the impact of rising interest rates constraining households borrowing capacity and conditional finance being revoked. It remains too soon for the budget decisions to have this impact on cancellations.
“Builders anticipate that a further 2,500 contracts to build a new home that have been signed by Self-Managed Super Funds will be cancelled in coming months when the Budget legislation comes into effect. “Policies that constrain new home supply, such as the prohibition on SMSF’s borrowing to building new homes announced as part of the Budget, warrant a clear policy goal and analysis.
“The goal of building 1.2 million homes will become increasing unachievable if the government continues to restrict who can build or finance new homes.
“The coming months will show whether recent weakness in sales reflects a temporary loss of confidence or a more prolonged period of reduced investment among new home buyers,” concluded Tim Reardon.
By state, Western Australia recorded a monthly increase of 8.1 per cent, followed by South Australia remaining relatively unchanged (+0.5 per cent). Declines were observed in New South Wales (-12.5 per cent), Victoria (-9.2 per cent) and Queensland (-3.0 per cent).
Over the twelve months to June 2026, new home sales in Victoria were 29.5 per cent higher compared to the previous year, followed by South Australia (+27.4 per cent), New South Wales (+19.0 per cent), Queensland (+8.2 per cent) and Western Australia (+6.7 per cent).
Download our latest HIA New Home Sales Report
Private New House Sales - Australia (seasonally adjusted)
For more information please contact:
Minimum tax on discretionary trusts
The Housing Industry Association (HIA) opposes the proposed minimum tax on discretionary trusts and the associated Excluded Election Trust (EET) regime.
Member information: Fuel Surcharges and the Road Transport Order
In April 2026 an order requiring primary and secondary parties in road transport contractual chains to review and adjust transport rates fortnightly to recover increased fuel costs was handed down by the FWC. This requirement switched off automatically in the week ending 5 June 2026, when the weekly average national terminal gate diesel price fell below $2.00 per litre but did not revoke the order. HIA breaks down what this means for your business.
Superannuation Legislation Amendment (Fair Super for Young Workers) Bill 2026
HIA supports fair treatment of young workers and recognises the importance of appropriate superannuation coverage. However, HIA opposes the Bill as drafted due to a number of legal and technical issues, primarily the impact on small business builders. Read more about HIA's submission to the Federal Senate's Economic Legislation Committee here.
National Tradies Day - Tradies will build Tasmanias future
Tasmania's home builders have marked National Tradies Day by putting the case for a trade career to young Tasmanians, saying the trades offer one of the strongest pathways in the state to secure work, real money from day one, and a career that technology is far more likely to help than replace.