The Housing Industry Association says new home sales bounced back in December following three consecutive months of decline.

 

The latest HIA-ACI New Home Sales Report found sale volumes rose 6% in the month, with multi-unit sales increasing 21.1%. HIA chief economist Harley Dale said the result was consistent with healthy national construction volumes persisting throughout the first half of 2016.

 

Private detached house sales increased 2.2%, though overall sales remain below their April peak.

 

Detached house sales grew by 5% in Queensland and Western Australia, whereas Victoria saw 1.1% growth and NSW was largely flat. Sales declined 2.1% in South Australia.