Separate new home sales increased by 23.5 percent in WA over June, which leading a 2.8 percent national gain across all new house types, as per the HIA’s (Housing Industry Association) monthly survey of largest volume builders of Australia. June was the 3rd straight month of improving new house sales as recorded by Housing Industry Association, although they still remain at extremely low levels. The national increase over June was determined by 15.7 percent jump in sales of multiple units with the separate housing market flat, which recording only a 0.7 percent gain.
Dr Harley Dale, HIA chief economist said that, it is encouraging to observe a second successive jump in the sale of multiple units; sales were rise by 30.8 percent over the June 2012 quarter. Dale said that, it is, although, a stark cue of how much catching up is remain in the multiple unit sector when a raise of this extent still leaves sales volumes 36 percent below their ten year average.