New homes market in Australia is the country’s weakest sector, says the HIA

[Nicholas Wallwork]

Sales of new homes in Australia were disappointing in July with the market all the modest ground made at the end of last year and beginning of 2012, according to the Housing Industry Association, the voice of Australia’s residential building industry. The HIA New Home Sales report, a survey of Australia’s largest volume builders, showed [...]

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[mattio]

Thanks for the info. The government needs to stand up and do something about new homes market. If we want to improve the property market, we definitely need to make the new home market one of the strongest sectors, not the weakest one.