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The Australian Bureau of Statistics today released its monthly building approvals data for June 2026 for detached houses and multi-units covering all states and territories.
“Detached house approvals increased by 1.1 per cent in June 2026 to 10,870, while multi-units increased by 17.7 per cent to 7,460,” added Mr Reardon.
“This brought the total volume of detached houses approved in the 2025/26 financial year to 121,140, which is 7.0 per cent higher compared to the previous year. Multi-unit approvals in 2025/26 increased by 10.5 per cent to 83,510.
“There are long lags between changes in market conditions and building approvals. The impact of rising interest rates, global conflict and tax increases are unlikely to be observed in approvals data until late this year.
“While leading indicators of confidence have deteriorated since the Budget, and investors are expected to withdraw from the new home building market, this won’t impact approvals for some months yet.
“Detached housing approvals continue to trend up, as the underlying demand for housing exceeds supply.
“Nonetheless, with housing affordability at its worst levels in over 30 years, it is more important than ever that policymakers support housing investment and development by reducing the costs of home building, not increasing them,” concluded Mr Reardon.
In seasonally adjusted terms, Western Australia saw the largest increase in detached housing approvals in 2025/26, to be 11.0 per cent higher compared to the previous financial year. This was followed by New South Wales (+10.5 per cent), Queensland (+8.6 per cent) and Victoria (+3.2 per cent). South Australia recorded a 1.5 per cent decline over the same period. In original terms, detached housing approvals increased by 14.5 per cent in the Australian Capital Territory, followed by the Northern Territory (+14.4 per cent) and Tasmania (+11.9 per cent).
Multi-unit approvals in seasonally adjusted terms increased by 49.6 per cent in Queensland in 2025/26, followed by South Australia (+19.8 per cent), Western Australia (+11.2 per cent) and New South Wales (+2.4 per cent). Victoria recorded a 9.0 per cent decline in multi-unit approvals over the same period. In original terms, Tasmania recorded a more than doubling in multi-unit approvals in 2025/26 (+111.1 per cent), followed by the Australian Capital Territory (+51.0 per cent) and the Northern Territory (+39.4 per cent).
The Housing Industry Association has welcomed the Public Accounts Committee's inquiry into TasWater, saying the decision to put housing supply squarely in the terms of reference is one of the most significant developments in the state's housing debate this year.
The Wide Bay Burnett region to face a severe housing crisis characterised by declining affordability, rapidly rising housing costs, constrained rental supply and increasing workforce accommodation shortages.
HIA welcomes the Northern Territory Government's commitment to rebuild the economy by creating a more business-friendly environment and cutting excess red tape and improved regulatory practices.
Attwood Builders has won the 2026 HIA Northern Victoria Home of the Year award for an outstanding custom built home in Yarrawonga.