Search Results for: HIA
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Celebrity Homes
Kourtney Kardashian and Travis Barker buy Conan O’Brien’s oceanfront getaway
Newlyweds, Kourtney Kardashian and Travis Barker appear to have found their first joint home, having purchased Conan O’Brien’s oceanfront getaway in Carpinteria.
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Celebrity Homes
Kim Kardashian relists her Calabasas condo
For the second time in three years, reality star Kim Kardashian has listed her bespoke Calabasas condo with the same asking price of US$3.5 million.
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THE TRUSTED AGENT
The Trusted Agent Podcast: Brady Yoshia on winning more business, advocating for buyers, and creating clients for life
In an industry where vendors are thoroughly represented, there’s not always much support for buyers.
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NEWS
ACT tops the HIA scorecard as the best state to build
The HIA Housing Scorecard report presents an analysis which ranks each of the eight states and territories based on the performance of 13 key residential building indicators, including detached and multi-unit building activity, renovations, housing finance, and rates of overseas and interstate migration.
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Elite Agent
A demand for detached housing will ‘pull the economy forward’: HIA
A renewed interest in detached housing will put our economy into recovery mode, according to HIA's Chief Economist Tim Reardon.
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NEWS
HIA wins SafeWork NSW award for pandemic initiatives
The Housing Industry Association has been announced as the winner of the 2020 SafeWork NSW Awards for "outstanding work health and safety support to members in the changed working environment due to COVID-19." The 2020 SafeWork NSW Awards recognise excellence and innovation in work, health and safety response to COVID-19,…
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Elite Agent
The full impact of HomeBuilder is now evident: HIA
The full impact of HomeBuilder is now evident with sales now 11.8 per cent higher compared to last year. HIA
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Elite Agent
HIA welcomes relaxed Qld border restrictions
Thousands of builders and tradies working either side of the NSW/QLD border will breathe a sigh of relief today.
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NEWS
HIA: Home building slump will weigh down GDP
The decline in residential building work will “compound the contraction in Australia’s Gross Domestic Product in the June quarter,” according to HIA Senior Economist Geordan Murray. The total value of residential building work done declined by 5.5 per cent in the June quarter, and is down by 12.1 per cent compared with a year ago. Mr Murray notes that the total value…
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Elite Agent
Stage 4 building restrictions a ‘financial and emotional burden’ on Victorians: HIA
COVID Stage 4 building restrictions a Burden on Victorian Families "Restrictions on building sites in Victoria that limit trades people to just three sites a week could leave thousands of average Victorians and their families…
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Elite Agent
Stamp duty relief welcomed by Property Council and HIA
The NSW Government’s plans to provide stamp duty relief for first home buyers purchasing newly built properties worth up to $1 million has been welcomed by numerous bodies. Under the new plans, from August 1, the stamp duty exemption limit will be lifted from $650,000 to $800,000 for the purchase of a newly-built home. The stamp duty concession will also…
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NEWS
First home loan scheme helping millennials: HIA
Data indicates the Federal Government’s First Home Loan Deposit Scheme is already helping millennials achieve their home ownership aspirations while giving a boost to regional areas. According to HIA Chief Executive Industry Policy, Kristin Brookfield, government data shows 34 per cent of First Home Loan Deposit applicants are aged between 25 and 29, while 76 per cent of applicants are…
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NEWS
Beyond Blue and HIA continue mental health push
Beyond Blue and the Housing Industry Association (HIA) have extended their partnership to continue supporting the mental health of people working in the residential building industry. HIA Managing Director, Graham Wolfe, said for five years the HIA Charitable Foundation has supported Beyond Blue in improving access to mental health resources for people in the building industry. “By extending this partnership…
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NEWS
HIA reports confidence returning to housing market
“New home sales bounced back in September to return to levels seen during the latter half of 2018,” stated HIA Economist, Angela Lillicrap. The HIA New Home Sales report – a monthly survey of the largest volume home builders in the five largest states – is a leading indicator of future trends in the residential…
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NEWS
HIA supports next steps for First Home Loan Deposit Scheme
The Housing Industry Association of Australia (HIA) has indicated its support for the First Home Loan Deposit Scheme after legislation was passed in the Senate on Tuesday. “Housing is a national priority and HIA welcomes the Senate passing legislation that will facilitate the next step in making the First Home Loan Deposit Scheme a reality,” stated HIA Managing Director, Graham…
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NEWS
Simon Norris elected National President of the HIA
Housing Industry Association (HIA) National Vice President Simon Norris has been elected the industry body’s President following the recent departure of Pino Monaco. Mr Norris boasts more than two decade’s association with the HIA, including a former stint as Queensland President. “Simon’s involvement with the HIA has spanned over 20 years, in various roles including as Queensland Executive Committee member,…
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INDUSTRY NEWS
Melbourne dominates population and residential hotspots in latest HIA report
HIA has revealed Australia’s strongest markets for home building in their HIA Population & Residential Building Hotspots report for 2018. “Melbourne has dominated this year’s report, with 12 of Australia’s top 20 building growth areas all located around Victoria’s capital,” said HIA’s Senior Economist, Shane Garrett. “According to the HIA Population & Residential Building Hotspots Report 2018, the Mickleham-Yuroke area…
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INDUSTRY NEWS
HIA Industry Leader Shane Goodwin to Retire
After 22 years at HIA, the last nine as HIA’s Managing Director, Shane Goodwin, has announced he will retire in August. “It has been an extraordinary honour and a great pleasure to serve HIA and the building and construction industry in Australia. “ “It has been a demanding and challenging role, but also an extremely rewarding one. The residential housing…
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INDUSTRY NEWS
Negative Gearing Supports Renters and Housing Affordability: HIA
“Reports in The Australian on ATO data show that almost two thirds of investors are on an average income of less than $80,000,” said HIA’s Principal Economist, Tim Reardon. Independent research undertaken for HIA by The CIE concluded that increasing the tax on investing in residential homes will force up rental prices, worsen housing affordability and reduce economic activity. The…
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INDUSTRY NEWS
Affordability improving in most capital cities: HIA
“Affordability improved in most of Australia’s capital cities during the first three months of 2018 as house price pressures eased,” said Shane Garrett, HIA Senior Economist. HIA’s Affordability Index is calculated for each of the eight capital cities and regional areas on a quarterly basis and takes into account latest dwelling prices, mortgage interest rates and wage developments. The results…
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INDUSTRY NEWS
Investors retreat behind apartment downturn: HIA
The ABS released building activity data yesterday for the final quarter of 2017. Detached house commencements increased by 0.7 per cent over the December 2017 quarter, while starts for other dwelling types (predominantly apartments) declined by 11.2 per cent. “The decline in multi-unit dwelling starts has dragged down the total number of new home starts during the final quarter of…
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INDUSTRY NEWS
First Home Buyer Share Reaches Five-Year High, HIA
The January 2018 housing finance figures show that the First Home Buyer share of owner-occupier mortgage volumes is the highest it’s been for five years. “During January, First Home Buyers accounted for 18 per cent of home mortgage loans to owner occupiers. This is the highest monthly share in over five years,” explained Shane Garrett HIA Senior Economist. “First Home…
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INDUSTRY NEWS
New Home Sales Cooled in 2017: HIA
“The consistent feature of new home sales in 2017 is that the market is cooling,” stated HIA’s Principal Economist, Tim Reardon. “The HIA New Homes Sales Report – a survey of Australia’s largest home builders – highlights that there has been a fall in the number of new homes sold in 2017, but the industry remains at relatively healthy levels…
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NEWS
New home sales decline further from peak: HIA
New home sales declined 6.1 per cent during September 2017, following a decline that started in 2015, according to the HIA. The results are according to the latest edition of the HIA New Home Sales Report which gauges sales activity in residential building across the five largest states. During September 2017, new detached house sales fell by 4.5 with a…
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INDUSTRY NEWS
Trades demand stabilises: HIA
“During the September 2017 quarter, the HIA Trades Availability Index indicated that there is a sufficient supply of skilled trades available to the housing industry,” said HIA’s Senior Economist, Shane Garrett. According to the HIA, in most situations, the trades required are readily available on the market. The HIA Trades Report provides a quarterly review of the availability of skilled…
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NEWS
Higher interest rates for investors eases housing affordability for owner-occupiers: HIA
“The HIA Housing Affordability index for Australia improved by 0.5 per cent in the September 2017 quarter but still remains 4.4 per cent below the level recorded a year ago,” said Tim Reardon, HIA’s Principal Economist. “Housing Affordability has been deteriorating in Australia for decades, particularly in capital cities, as demand for new housing greatly exceeded the supply. “Recent interventions…
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INDUSTRY NEWS
House building boom in 1980’s set to bolster opportunities for reno market in next decade: HIA
HIA released its latest edition of the HIA Renovations Roundup Report yesterday. The Report is a review of Australia’s $32 billion home renovations market. The publication analyses latest developments in home renovations activity and reveals the results of the exclusive renovations market survey. The Report also provides state-by-state forecasts of future renovations activity. “Our analysis shows a strong correlation between…
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INDUSTRY NEWS
Vacant land lot prices increasing and creating housing affordability issues: HIA
“Land price increases in Australia are unrelenting,” HIA Senior Economist Shane Garrett said. “The substantial increase in the price of residential land continues to be the single biggest factor behind recent deteriorations in housing affordability,” Mr Garrett said. The HIA-CoreLogic Residential Land Report shows that a typical vacant lot of land for housing increased in price by 2.1 per cent…
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NEWS
HIA: New home sales hit lowest level since 2013, while housing affordability continues to decline
New home sales in Australia’s largest states hit their lowest level since October 2013, with sales sliding in both the detached house and multi-unit sides of the market, according to the latest HIA New Home Sales Report. New homes sales declined by 6.9 per cent in June compared with the previous month and were 11.9 per cent lower than the…
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NEWS
HIA: Home renovation market gets a makeover with return to growth from next year
Following a slump in renovation jobs this year, HIA are predicting the home renovation market will return to growth from 2018 onwards. The July 2017 edition of the Housing Industry Association’s Renovations Roundup report reveals forecasts and figures for the $32 billion Australian home renovation market. HIA principal economist Tim Reardon says with new home building set to decline over the…
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NEWS
Fewer new homes and apartments in the pipeline in May: HIA
Data released by the ABS shows there has been a decline in housing and apartment approvals over May 2017, raising questions on growing demands for housing by first-home buyers. The number of dwellings approved fell 1.9 percent in May 2017. In seasonally adjusted terms, approvals for construction of new homes fell by 5.6 percent in May, driven by a fall…
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NEWS
HIA: Back-to-Back Increases for New Home Sales
Large increases in Queensland and New South Wales drove new home sales higher for the second consecutive month during May 2017 according to the latest edition of the Housing Industry Association’s New Homes Sales Report. During the month of May 2017, total new home sales increased by 1.1 per cent. This was helped by a 2.2 per cent increase in…
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NEWS
More People Renting and More Apartments: HIA
“The symptoms of an under-supplied housing market continue to show-up in today’s census figures,” stated Tim Reardon, HIA’s Principal Economist. “The number of people living in each dwelling has increased in Sydney and Melbourne to 2.7 people (2.6 nationally). Furthermore, the number of households with six or more people has increased by 20 per cent since 2011. “There has been…
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NEWS
New HIA national president
Pino Monaco has been elected National President of the Housing Industry Association (HIA), the official body of Australia’s home-building industry. Mr Monaco’s involvement with the HIA started over 30 years ago. He has served on various HIA committees and task forces at a state and national level as a committeeman, Vice Chair and Chair. Mr Monaco has been a long-serving…
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NEWS
New Home Loans Lifting Despite Softening Housing Finance: HIA
While housing figures released last week show that while overall lending slowed in April this year, the number of loans to households building new homes has reached it’s highest level since 2015. “(The) result is a positive sign for detached house builders and supports our view that demand in this part of the market is likely to remain robust throughout…
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