{"id":23195,"date":"2020-01-17T10:22:32","date_gmt":"2020-01-16T21:22:32","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=23195"},"modified":"2020-01-17T10:22:46","modified_gmt":"2020-01-16T21:22:46","slug":"new-homes-on-the-decline","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/new-homes-on-the-decline\/","title":{"rendered":"New homes on the decline"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>PHOTO:  The total number of new homes commenced during the September quarter declined by 11.7 <\/strong><\/p>\n\n\n\n<p class=\"has-drop-cap wp-block-paragraph\">Confidence returned to the housing market in the second half of 2019, but the latest figures revealed new home construction is on the decline.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The final Australian Bureau of Statistics numbers for the September quarter saw a significant fall in activity in New South Wales, down by nearly 20 per cent, followed by the Northern Territory, down by 18.5 per cent, and Western Australia, down by 14.8 per cent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The only areas that saw an increase were Queensland, up by 3 per cent, and South Australia, with a rise of 1.9 per cent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Housing Industry Association (HIA) believes ground broken in the September quarter for new homes were likely to have been purchased at the start of 2019 when market confidence was low.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">READ MORE VIA<a href=\"https:\/\/www.realestatebusiness.com.au\/breaking-news\/19398-new-homes-on-the-decline\"> REB<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: The total number of new homes commenced during the<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/new-homes-on-the-decline\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":23196,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478104943,478100794,478101218,478099715],"class_list":["entry","author-data123nz","post-23195","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-new-home-building","tag-new-home-construction","tag-new-homes","tag-new-houses"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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