¢  HIA – Released February 2010

-  According to the Housing Industry Association sales of new homes by large residential builders rose by 9.5% in January.

-  Sales of private sector detached dwellings increased by 10.1%, the first significant rise since August 2009.

-  Multi-unit sales rose 4.1% in January following on from the 14.5% increase in December 2009.

-  Victoria showed the strongest growth with detached new home sales rising by 17.1%. Queensland and NSW recorded growth of 6.3% and 3.1% respectively.