New home demand slumps amid rate hikes, end of stimulus

The Housing Industry Association (HIA) has released new home sales data for April, with sales down 1.2% over the month after trending down since December:

HIA new home sales

Residential land sales on Australia’s city outskirts are also falling:

There are 947 words left in this subscriber-only article.

Get your first month for $1

Comments are hidden for Membership Subscribers only.