HIA: Land prices hit new record

Wednesday 15 February 2017

The Housing Industry Association (HIA) has released its land sales report for the September quarter of 2016, which revealed further appreciation in vacant lot prices to unprecedented levels, as well as a much-needed rebound in the number of lots sold (see next chart).

According to the HIA release:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.