Sell with Confidence
Read More
News

Victoria Experienced Growth In New Home Sales During May

By Matt Hurlston

According to the latest Housing Industry Association (HIA) New Home Sales report, Victoria showed the largest increase in the sale of new homes during May – which could be great news for anyone looking into Carnegie real estate.

New home sales reached their highest point in 18 months this past May, with Victoria showing the largest growth percentage across the country – increasing by 8.8 per cent.

New South Wales and South Australia also showed considerable percentage growths, climbing 4.3 per cent and 6.9 per cent respectively.

The chief economist for the HIA, Harley Dale, said in a statement released July 3 that the rise was a nice return from the “low depths” of the new housing market in 2012.

He went on to say that the modest growth experienced during 2013/13 was expected to continue into the new financial years.

Multi-unit sales also experienced a relatively fast monthly growth pace of 5.7 per cent.

If you’re looking into purchasing a new slice of real estate in Carnegie, get in contact with Matthew Hurlston at Ray White Carnegie.

His experience and expertise in the area will help you to secure the perfect property for you, and help you achieve your real estate dreams!

Up to Date

Latest News

  • How To Style Your Rental Property

    With home ownership becoming unobtainable for some people, many find themselves renting whilst saving for their dream homes. Sometimes living in a space that seems a little outdated can be overwhelming, but there are ways to breathe new life into your new abode. Be proud of the space you live in … Read more

    Read Full Post

  • The Royal Children’s Hospital

    The Royal Children’s Hospital (RCH) is one of Australia’s biggest and busiest hospitals specialising in paediatric care. Ranked number fifty-three in the world, the Royal Children’s Hospital offers twelve wards, three hundred and fifty beds and employs over six thousand staff. The RCH aims to provide the greatest level of … Read more

    Read Full Post