Category: Housing Industry Association

Australian Political Parties Asked to Prioritise Housing at the May Federal Election

March 13, 2022
Australiaaustralian housingAustralian political partiesHousing Industry AssociationWorld
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The Australian housing sector is calling on political parties to make home-ownership a priority in their agenda if they win the upcoming federal election in May. The Housing Industry Association (HIA), a peak body representing members working in the residential building industry across Australia, said its research suggested that three in four Australians believed people…

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Home Sales in US Rise to Nine-Month High, Shortages Persist

November 23, 2021
Business & Economyeconomyexisting home salesHousing Industry Associationhousing marketinflationMarketsnew homesUS
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Sales of U.S. homes, including new and previously-owned, rose unexpectedly in October to their highest level since the start of the year as recovery-related employment level gains propelled a healthy demand for accommodation. According to figures from the National Association of Realtors, there was an increase in the share of investors buying up homes last…

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South Australia Gives Green Light to Allow Partial Opening of Construction

July 22, 2021
AustraliaHousing Industry Associationproperty council of australiaSouth AustraliaSteven MarshallWorld
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The South Australian (SA) government has allowed a partial re-opening of construction sites from next Monday after its snap seven-day lockdown began two days ago. SA Premier Steven Marshall’s office sent an email to business and industry leaders indicated that projects which aim to provide essential services will be able to resume progress on Monday….

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Australian Construction Sector Expansion Slows After Hitting the Peak

July 4, 2021
AustraliaAustralian economyAustralian Industry Groupconstruction housingconstruction industryHousing Industry AssociationWorld
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While Australia’s construction industry remains strong, high material prices and shortage of skilled labour is slowing its expansion. The Australian Industry Group/Housing Industry Association’s (HIA) construction performance index (pdf) fell further in June down to 55.5 points after hitting a record high in March. Despite the downward trend, a reading of above 50 points indicates…

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