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Cold water has been poured on suggestions of an over-heated housing sector with building approvals dropping 12.5 per cent in May. The set-back means that approvals are again battling to remain above the record lows of late 2008, said the Housing Industry Association, Australia's largest building industry organisation. |
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A big drop in new home sales in May serves as a timely reminder that a sustained recovery in home building cannot rely solely on first home buyer activity claimed the Housing Industry Association (HIA) on the release of its latest survey of the nation's largest builders. |
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HIA, Australia's biggest residential building association, believes that weak housing starts in the March quarter of 2009 will prove to be the bottom of the housing cycle. |
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Total housing loans increased for a seventh straight month in April 2009 said the Housing Industry Association, Australia's largest building industry organisation. |
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Australia's Gross Domestic Product defied the negative sentiment of recent months to grow by 0.4 per cent in the March 2009 quarter, said the Housing Industry Association, Australia's largest building industry organisation. |
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The Reserve Bank of Australia today decided to hold the Official Cash Rate steady at 3 per cent for the second consecutive month. |
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Building approvals increased for the third consecutive month in April 2009 to reach their highest level since October last year, said the Housing Industry Association, Australia's largest building industry organisation. |
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Australia's housing industry is set to recover off the back of a pick-up in new home sales, according to the latest survey by the Housing Industry Association (HIA) of the nation's largest builders. |
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The HIA National Outlook, Australia's most comprehensive report card on the residential sector, signals a recovery for the housing industry over 2009/10. |
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New residential building work fell sharply in the March 2009 quarter according to preliminary figures released today by the Australian Bureau of Statistics. |
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The boost to the First Home Owners Grant, record low interest rates and relatively stable house prices have combined to make housing the most affordable in seven years, according to the HIA-CBA First Home Buyer Affordability Index. |
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New homes are becoming more affordable, with median land prices across Australian capital cities falling 1.5 per cent in the December quarter, according to the latest residential land report from HIA, Australia's largest building association, and RP Data, Australia's leading property information and analytics provider. |
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The extension to the boosted first home owners grant has been welcomed by the Housing Industry Association, Australia's largest building industry organisation. |
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Total housing loans increased for the sixth consecutive month in March 2009 helped by a seventh straight rise in lending for new dwellings, said the Housing Industry Association, Australia's largest building industry association. |
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The Reserve Bank's decision to hold the official cash rate steady this month is appropriate according to the Housing Industry Association (HIA), Australia's largest building industry association. |
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Building approvals increased for the second consecutive month in March 2009, the first time this has occurred since late 2007, said the Housing Industry Association, Australia's largest building industry association. |
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The HIA, Australia's largest building association, says the Australian Bureau of Statistics House Price Index for the March 2009 quarter confirms house prices have weathered the economic storm well. |