23/01/2025
📊 New Home Sales Report: A Snapshot of Australia’s Housing Market 🏠
The latest Industry Association - HIA New Home Sales Report provides key insights into Australia’s housing market, tracking new home sales, approvals, and construction activity - vital data for homebuyers and investors. Upon review, here’s how each state is performing:
Key Highlights:
📉 Victoria saw a modest 0.8% increase in new home sales, showing slower growth compared to other states.
🔝 South Australia leads with a 31.8% rise in sales, while Queensland also shines with a 19.7% increase.
📉 Western Australia and New South Wales experienced declines, with sales dropping 29.1% and 7.3%, respectively.
📝 What does this mean for you? Whether you’re looking to buy your first home, invest, or plan your next build in Victoria, this data can help guide your decisions - great opportunities are available, and leaning on our decades of experience can help find and evaluate the best option for you.
To discuss your new build plans and what this data means for you, reach out to Ninedots for expert guidance today!
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P 1300 993 683
www.ninedots.com.au