{{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:
SA Building Women Awards Winners
Discover the winners of the 2026 HIA SA Building Women Awards, recognising outstanding leadership, innovation, professionalism and achievement in construction.
Inaugural HIA Hunter Building Women Awards celebrate industry leaders
The achievements, leadership and contributions of women in the residential building industry were recognised today at the 2026 HIA Hunter Building Women Awards.
Victorian government recognises National Skills Week by imposing more red tape on employers
The Housing Industry Association (HIA) condemns the Victorian Government’s decision to progress proposed legislation in Parliament during National Skills Week that would impose new and unnecessary red tape on employers of apprentices.
HIA welcomes the adoption of the statewide Community Participation Plan
“The Housing Industry Association welcomes the implementation of a statewide Community Participation Plan,” commented Brad Armitage, Executive Director NSW.