#Hia
Housing construction industry crumbles
Australia’s construction industry continues to contract, with September marking the fourth consecutive month that construction activity has fallen.
Interest rate decision applauded by HIA
The Reserve Bank of Australia (RBA) made the right decision to keep interest rates on hold at it’s September board meeting yesterday, says the Housing Industry Association (HIA).
Australia’s construction industry performing poorly: AIG/HIA
Australia’s construction industry continues to contract, with the latest AiG/HIA Australian Performance of Construction index at 43.2 for the month of August.
Home prices up 0.4% as home sales plummet to 18 month low
Home prices across Australia remain stagnant, increasing by 0.4 percent in July after falling by 1 percent in June, compounding the lowest new home sales volumes seen in 18 months.
New home sales slump to 18 month low: HIA
New home sales in Australia dived 7 percent to an 18 month low in July according to the latest Housing Industry Association report into new home sales, triggering calls for federal government action to save the sector.
Housing affordability close to ‘record lows’ in HIA-CBA report
Housing affordability in Australia is close to record lows according to the HIA-CBA Housing Affordability Report for the June quarter 2010.
Tony Abbott’s $20 billion infrastructure bonds a winner: HIA
Tony Abbott’s announcement of coalition policy to raise $20 billion in funding for infrastructure projects through a public bond issue has the support of the Housing Industry Association.
New home sales slump to 17 month low: HIA
New home sales slumped to a 17 month low in June, adding further weight to the case for the Reserve Bank of Australia keeping interest rates on hold at their board meeting tomorrow.
Home price growth collapses in May
New home price growth has collapsed across Australia in May, with annualised capital growth rates on existing housing in their second month of single digit growth.
Housing construction to stall across Australia: Report
New housing construction is set to stall across Australia, with the brakes applied to the post-GFC recovery after a significant tightening of monetary policy by the Reserve Bank of Australia.
House sales plummet 9.6 percent across NSW
House sales in NSW crashed 9.6 percent in April according to the HIA, with buyers reacting strongly to successive interest rate increases from the RBA.