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Detached house approvals rose 11.9 per cent in 2025/26 to 2,488. Multi-unit approvals more than doubled, up 111.1 per cent to 247.
“These are encouraging numbers, but they’re rising off a low base,” said HIA Executive Director Tasmania, Benjamin Price.
“The lift in multi-unit approvals looks big in percentage terms because we started from so few. In real numbers we’re still nowhere near what we need to see supply meet demand.”
The June quarter was a genuine bright spot. Detached approvals rose 22.4 per cent over the quarter to 672, which is 46.4 per cent higher than the same quarter a year earlier.
“A strong quarter tells us the industry can respond when the conditions are right. Much of this has emerged likely thanks to momentum with interest rate cuts last year, turning up in Building Approvals data in early-to-mid 2026,” Mr Price said.
“The task now is turning approvals into homes people can actually live in. Approvals are the first step, not the finish line, and commencements still have ground to make up.”
HIA continues to call for planning reform and infrastructure investment to keep the pipeline moving.
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