Editors Picks
Sunday, 27 July 2025
Report shows strong housing growth
THE HIA New Home Sales report shows the strongest performance in nearly three years, driven by two cash rate cuts, EOFY incentives, low unemployment, recovering wages, and strong population growth. Sales rose in all states in the June quarter 2025, led by Victoria (+27.7%), Queensland (+26.2%), and Western Australia (+11.3%). Despite high demand, NSW and Victoria face challenges from elevated land costs, while WA grapples with labour shortages. Housing supply remains constrained by tax and regulatory barriers.
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Michael Walls
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