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Building steady

Building work done on new homes remains high, according to data released this week by the Australian Bureau of Statistics. The latest figures show that new residential building completed remained flat in the September quarter 2021, to be 7.0% higher…

Market eases back

The Australian housing market is stabilising following months of price increases, according to the latest update by NAB Group Economics. NAB’s research shows that values rose 1.5% last month, similar to August and September. However, the trend shows the market…

New home sales stabilise

Sales of new detached homes appear to have stabilised following months of record-breaking levels, according to a monthly survey of Australia’s largest builders. The latest HIA New Home Sales report shows that following a rollercoaster of sales over the past…

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