New home sales brush aside HomeBuilder’s end

The end of the Morrison Government’s HomeBuilder grant on 14 April 2021 has failed to dampen new home sales, which “jumped 15.3 per cent to be 11.2 per cent higher in the quarter than the same time in 2019”, according to HIA Economist Angela Lillicrap:

New home sales

“The strength of new home sales nationally suggests that there will be a significant number of new homes entering the pipeline post HomeBuilder which will ensure activity remains elevated into 2022,” added Ms Lillicrap.

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