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WA new home sales up 8%
7-January-09
Written by Rebecca Lawson
New home sales in Western Australia have bucked the national trend, rising 8 per cent in November, a housing industry survey has found.
The Housing Industry Association survey of the largest 100 residential builder across Australia found new home sales declined by 1.1 per cent nationally, compared to a 3.1 per cent increase in October.
HIA chief executive Chris Lamont said the national result is disappointing, given that the increased first home owners grant and the decline in interest rates was expected to further boost activity.
Article continues...
7-January-09
Written by Rebecca Lawson
New home sales in Western Australia have bucked the national trend, rising 8 per cent in November, a housing industry survey has found.
The Housing Industry Association survey of the largest 100 residential builder across Australia found new home sales declined by 1.1 per cent nationally, compared to a 3.1 per cent increase in October.
HIA chief executive Chris Lamont said the national result is disappointing, given that the increased first home owners grant and the decline in interest rates was expected to further boost activity.
Article continues...
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