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HIA, Australia's largest building industry association, said that a further fall in home lending in September, the eighth consecutive decline, reinforced the importance of lower interest rates and fiscal stimulus in creating a floor under the residential sector in late 2008/early 2009. |
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HIA, Australia's largest building industry association, believes weak building approvals throughout 2008 to date confirmed the importance of rate cuts that will hopefully put a floor under new home building activity and stimulate a much needed recovery in the sector. |
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The HIA, Australia's largest building industry association, welcomes the Reserve Bank's decision today to lower interest rates by 0.75 per cent. |
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HIA, Australia's largest building association says the Australian Bureau of Statistics House Price Index for the September Quarter confirms house prices remained relatively flat during the period. |
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The latest New Home Sales Report from HIA, Australia's largest building association, shows that sales volumes failed to rebound following the first interest rate cut of the easing cycle. |
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The HIA-CBA First Home Buyer Affordability Index improved by 3 per cent in the September 2008 quarter with a 1.9 per cent easing in house prices offsetting a net increase in borrowing costs over the quarter. The index nevertheless remained at near record lows at a level 1.1 per cent below that of the September 2007 quarter. |
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HIA, Australia's largest building association has welcomed the decision to triple the First Home Owners Grant (FHOG) for purchases of new housing. The measure will stimulate business activity and help address the severe housing shortage. |
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HIA, Australia's largest building industry association, said that further reductions in interest rates should put a floor under the very weak home lending figures evident for 2008 to date. |
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HIA, Australia's largest building industry association, said that further reductions in interest rates should put a floor under the very weak home lending figures evident for 2008 to date. |
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The HIA, Australia's largest building industry association, says that falling interest rates over the next 12 months may provide some assistance in pegging the gap between underlying and effective demand for housing. |
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Bovis Lend Lease topped the list of Australia's 100 largest commercial construction companies for 2007-08, a move up from fourth place the previous year. |
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Tougher housing conditions in 2007/08 are reflected in Australia's largest home builders experiencing a decline in both the number of starts and their market share. |
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HIA, Australia's largest building industry association, said that a general weakness in leading housing indicators was persisting into the second half of 2008. |
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The latest New Home Sales Report from HIA, Australia's largest building association, highlights the on-going weakness in new residential construction already evident well before the latest deterioration in global financial conditions and confidence. |
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Housing starts fell for the second consecutive quarter in June. |
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HIA, Australia's largest building industry association, said that home lending fell for the sixth consecutive month in July, highlighting the urgent need for further interest rate cuts. |
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The RBA's decision to lower official interest rates by 0.25 percentage points is welcome news, although a 50 point reduction was surely justified. |
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New Home Sales got off to a poor start in the 2008/09 financial year. |
