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New loan commitments for housing drop 5.3%: ABS - Vimarsana News

New loan commitments for housing drop 5.3%: ABS

The latest ABS lending indicators data has revealed a further decrease in the value of new loan commitments for January 2023. According to the Australian Bureau of Statistics (ABS) lending indicators

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Building approvals hit decade-long low | Architecture & Design - Vimarsana News

Building approvals hit decade-long low | Architecture & Design

The Australian Bureau of Statistics’ January report on monthly building approvals indicates that building approvals are at their lowest level in a decade.

Melbourne home builder Delco goes into liquidation - Vimarsana News

Melbourne home builder Delco goes into liquidation

The new home market is slowing and builders across the country are trying to hold on amid rising prices and labour shortages, but not all will make it.

Source: afr.com
Housing barrier impacting NSW skilled worker demand - Vimarsana News

Housing barrier impacting NSW skilled worker demand

Housing hurdles have been highlighted in Business NSW’s pre-election push for ‘doubled’ skilled migration intake.       . . . more to come     [Related: HIA calls for tax reforms on housi

New residential land sales fell in Q3 2022 despite price declines - Vimarsana News

New residential land sales fell in Q3 2022 despite price declines

Even with land prices affordability growing slightly, HIA-Corelogic’s latest Residential Land Report for the penultimate quarter of 2022 revealed sales hit record lows.