New house sales fall over 29pc as industry adapts to new normal

first_imgHIA believes Queensland’s drop in new homes sale could just be “timing issues”. Picture: Liam Kidston.QUEENSLAND has logged a massive 29.3 per cent monthly fall in new house sales, as residential building eases off 2016’s highs.The Housing Industry Association recorded the fall for June over the May figures, though the result was also 24.1 per cent lower than a year earlier. HIA senior economist Shane Garrett said Australia’s largest states were at their lowest level since October 2013, with national June home sales numbers down 6.9 per cent over May (-11.9 per cent down on June 2016). Free signup to The Courier-Mail’s Real Estate newsletter direct to your inbox More from newsMould, age, not enough to stop 17 bidders fighting for this home2 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor2 hours agoMr Garrett said the results supported HIA’s forecasts that new dwelling commencements would continue easing until late 2018.But he said the major states were coming off recent record peaks.“The fall in sales needs to be considered against the backdrop of residential building coming off a record peak of activity in 2016. We project that residential building will still be operating at a historically high level,” he said.The HIA new home sales report said Queensland’s June decline “could just be reflecting timing issues” given it was off “a similarly large increase in May”.The report said “the quarterly figures give a clearer picture” with the June quarter seeing detached house sales down 3 per cent over the March quarter, and having fallen 7 per cent over the same period in 2016.*Follow Sophie Foster on Twitter and Facebooklast_img read more

Shortlist revealed for 2014 GolfMark Club of the Year Award

first_img Three golf clubs, each with a wonderful record of encouraging juniors and beginners, have been shortlisted for the prestigious 2014 GolfMark Club of the Year award, supported by COBRA PUMA GOLF.They are: Cookridge Hall Golf Club, Yorkshire; Norwood Park Golf Club, Nottinghamshire; and Strawberry Hill Golf Club, Middlesex.The winner of the GolfMark Club of the Year will be presented with a trophy and a prize from COBRA PUMA GOLF at an awards dinner in April.GolfMark is an England Golf initiative which recognises junior and beginner-friendly clubs. It was introduced in 2006 and Ruddington Grange in Nottinghamshire recently became the country’s 700th GolfMark club.This award, now in its sixth year, recognises GolfMark clubs which have shown an outstanding and innovative contribution to developing the game through a range of activities.The three finalists were among 17 nominated clubs, all of a high standard, and were selected by a judging panel from the England Golf Partnership.The other clubs nominated were: Billingham, Durham; Boughton, Kent; Blue Mountain, Berkshire; Carus Green, Cumbria; Cuckfield, Sussex; Dereham, Norfolk; Ealing, Middlesex; Launceston, Cornwall; Mullion, Cornwall; New Mills, Derbyshire; Shirland, Derbyshire; St Austell, Cornwall; The Oaks, Cheshire; Weymouth, Dorset.Garon Park Golf Club in Essex was the 2013 winner of the Golfmark Club of the Year award, following Bawburgh, in Norfolk, in 2012.England Golf will re-launch the GolfMark initiative in 2014 with an increased emphasis on supporting clubs in the areas of development, business and marketing.  Further information on the re-launch will be available shortly. 27 Jan 2014 Shortlist revealed for 2014 GolfMark Club of the Year Award last_img read more