HIA: New home sales register first rise in 2018

Monday 30 July 2018

Just in from the Housing Industry Association (HIA):

“New home sales rose 2.0 per cent in June 2018, the first rise this year,” stated HIA’s Principal Economist, Tim Reardon.

The HIA New Home Sales report – a monthly survey of the largest volume home builders in the five largest states – provides an early indication of trends in the residential building industry.

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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.