By David Olsen · 30 August 2010 · Economy
New home sales have plummeted to an 18-month low, sparking concerns about the sector's future. Will the federal government intervene to save the industry?
New home sales in Australia dived 7 percent to an 18 month low in July according to the latest Housing Industry Association report into new home sales, triggering calls for federal government action to save the sector.
Tags: Australia, Harley Dale, HIA, Housing Construction, Interest rate, Rba