New home sales up 2.5pc

Townsville Bulletin - - Investor -

THE num­ber of new homes sold across Aus­tralia has risen for the first time in three months, amid signs of grow­ing con­fi­dence in New South Wales, a sur­vey shows. The lat­est HIAJELD-WEN New Home Sales Re­port shows the num­ber of new homes sold in­creased by 2.5 per cent in Jan­uary – the first gain in three months. The sur­vey also found that multi-units sales were up by 5 per cent, while de­tached house sales rose by 2.2 per cent. Sales fell by 2.6 per cent in Queens­land, a re­sult likely to have been in­flu­enced by the floods, HIA said. South Aus­tralia sales fell 6.3 per cent in Jan­uary.

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