New home sales continue to indicate the changing composition of new home building in 2013, said the Housing Industry Association, the voice of Australia’s residential building industry. “Detached housing has gained momentum as non-detached housing, primarily mid/high density product, has lost momentum over 2013 to date,” said HIA Chief Economist, Dr Harley Dale. “The leading home building indicators of both new home sales and building approvals are highlighting this trend.” The HIA New Home Sales report, a survey of Australia's largest volume builders, showed that total seasonally adjusted new home sales increased by ... (full story)