Original article by Michael Bleby
The Australian Financial Review – Page: 34 : 5-Jun-17

New home sales all rose in New South Wales, Victoria and South Australia in April 2017, according to Housing Industry Association figures. Western Australian sales declined by 12.7 per cent, while Queensland sales fell for the fifth month in a row. Australia-wide, sales were up when compared to March, but were 3.3 per cent down on April 2016. HIA senior economist Geordan Murray notes its current forecasts for 2017-18 suggest new home starts will be down by about 10 per cent.

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