New home sales rise for second month

Posted by admin on March 30th, 2009 filed in Uncategorized

The Housing Industry Association (HIA) said new home sales rose by 3.9 per cent in February, led by a 4.7 per cent increase in the purchases of detached homes. Dr Dale said off-the-plan sales of flats and home units fell 3.4 per cent in February as tight credit conditions hampered the interest of investors. Sales [...]

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