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1.Market Observations, 8.Was Sticky

23 Jan 2017 (AFR) – New housing sales buck trend to bounce back, HIA says

(23 Janauary 2017, AFR, p31, by Michael Bleby)

‘Sales of detached houses and apartments picked up in November, showing the short-term housing construction outlook was healthy, the Housing Industry Association said. House sales rose 5.1 per cent as every mainland state except NSW showed an increase, while unit sales jumped 9.3 per cent, the industry group’s latest monthly report showed.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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