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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).
HIA commented on the Explanation of Intended Effect for Standard and model conditions of consent (the EIE). It is understood the EIE explains the proposed amendments to State Environmental Planning Policy 2021 that will give effect to consistent conditions of consent for residential development across the state.
Home building approvals in Tasmania have climbed over the past year, though the numbers remain well below the level needed to meet demand.
The latest building approvals data shows the ACT residential building market remains subdued, with detached housing continuing to struggle and the momentum that emerged in the apartment market during 2025 now showing signs of fading.
“Building approvals for new houses in the month of June 2026 increased to its highest level since August 2021,” stated HIA Chief Economist Tim Reardon