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Building Approvals Moving in Right Direction

The Housing Industry Association, Australia’s largest building industry organisation, said that building approvals grew by 2.2 per cent in December 2009. The December quarter was a remarkable 34.9 per cent stronger than a year earlier in a positive sign that the new home building recovery is well underway. » More

National Land Sales and Prices Surge

The cost of residential land continues to rise nationally; with a new report showing the median price of raw land jumped 5.7 per cent to $181,158 in the September 2009 quarter. » More

Steady Rates the Appropriate Decision

The Housing Industry Association (HIA), Australia’s largest building industry organisation, applauds the Reserve Bank’s decision to adopt a wait and see approach to interest rates. » More

Population Boom to Push Housing Demand to the Limit

The Housing Industry Association, Australia’s largest building industry organisation, welcomes the release of the Federal Government’s third Intergenerational Report (IGR). The HIA recognises the report as a timely reminder of the enormous challenges already faced by many other advanced economies and that will increasingly be faced by Australia. » More

First Time Buyers Drag on Sales

According to the latest Housing Industry Association (HIA) survey of Australia’s largest builders, the number of new home sales fell by 4.6 per cent in December 2009 as interest rates rose and the impact from the First Home Owner Boost continued to wane. » More

Inflation Controlled Late in 2009

Mild economic conditions drove a benign result for consumer inflation in the December quarter of 2009, claimed the Housing Industry Association (HIA), Australia’s largest building industry organisation. » More

Housing Recovery – Is It Sustainable

The Housing Industry Association, Australia’s largest building industry organisation, said that final figures released today by the Australian Bureau of Statistics confirm that new residential building activity began to recover in the September 2009 quarter, as did work commenced. » More

Australian Kitchens and Bathrooms Getting Bigger and Better

Australians are demanding bigger kitchens and bathrooms, with a new report from the Housing Industry Association predicting the value of K and B installations and renovations will hit a record $12 billion by 2012. » More

Fiscal Stimulus Boosting Housing

The much needed recovery in new home building got off to an encouraging start in the September 2009 quarter said HIA, Australia’s biggest residential building association. » More

New Housing Loans Push Higher in October

Lending to home buyers to build or purchase new dwellings defied the increase in interest rates in October but was blunted by continued weakness in lending for rental investment according to the Housing Industry Association, Australia’s largest building industry organisation. » More

Skilled Trade Shortages Re-Emerge

The latest Housing Industry Association-Austral Bricks Trades Report shows that a surplus availability of tradespeople in the residential sector was a one quarter wonder, reversing in the September 2009 quarter. » More

Rate Hike Will Weigh On Housing Recovery

“The third consecutive monthly increase in the ‘official’ cash rate will harm the chances of a strong home building recovery, which is essential to moderate existing house price and rent pressures across Australia,” said Dr Harley Dale, HIA Chief Economist. » More

Weak Update for Building Approvals

The Housing Industry Association, Australia’s largest building industry organisation, said that building approvals fell slightly in October in a further sign that the new home building recovery may lack the scale required to plug Australia’s housing shortage. » More

New Home Sales Signal Soft Home Building Recovery

According to the latest Housing Industry Association (HIA) survey of Australia’s largest builders, the number of new home sales fell for a second consecutive month in October following a first time buyer surge in August. » More

HIA's Economics Group is a leader in the collection, analysis and presentation of facts, figures and forecasts relevant to Australia's Housing and Renovation industries.

The Group's suite of regular publications, one-off reports, tailored client consultancy work and regular presentations, provide the building industry, the business community and media with the most comprehensive overview of industry conditions, emerging trends and future scenarios available anywhere in Australia.

With ready access to HIA's 42,000 members nationwide, accounting for 85 per cent of residential activity, HIA Economics Group's work is a true barometer of industry activity and attitudes and is vital in assisting you with business plans, board papers, impact statements, company budgets and making major decisions.

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Harley Dale	- Chief Economist
Ben Phillips	- Senior Economist
Matthew King	- Economist
Kirsten Lewis	- Research and Administration Officer *Enquiries please contact 02 6245 1393*