Home Loan Repayment
Australia’s new home sales have soared once again in February, and a solid demand for apartments appears to be the reason, the Housing Industry Association (HIA) says.
HIA’s latest survey of large volume property builders found a 1.1% increase in February, following a 1.8% jump in January.
Multi-unit sales went up by 11.1% last month, while detached homes saw a 1.3% increase in sales.
“The signal from both HIA new home sales and ABS building approvals is for further upward momentum to multi-unit dwelling construction in 2015, but a consolidation in detached house building at volumes above the long term average," chief economist Harley Dale told Reuters.

With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now